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the IRS does not recognize a Canadian registered retirement account as a IRA account better to leave it in Canada or contribute directly to the IRA from Canada

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Q: Can you roll a Canadian Registered Retirement Savings Plan to a US IRA?
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Where can I learn more about registered retirement savings plans?

A registered retirement savings plan is the Canadian equivalent of an IRA in the states. Here's a Canadian government page about these plans: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/rrsps-eng.html


Are mutual funds able to be held in a registered retirement savings plan?

A registered retirement account can invest in stocks, bonds and mutual funds.


What is the retirement plan when you become an author?

It is your savings. There is no retirement plan for people who work for themselves except what they plan themselves.


Is fidelity net benefits a 401k retirement plan?

Fidelity Net Benefits is a 401k retirement plan company that also offers workplace savings tips and financial advice in order to get the most out of your retirement savings plan.


Can you explain what a 401k plan is?

A 401k plan is a retirement plan. Unlike a savings account you can withdraw money instantly but for a retirement plan you cannot touch that money till you reach the recommended retirement age.


I'm in Ontario Canada and am wondering what kind of tax reductions I can expect if I buy into a registered retirement savings plan?

7% you can look this up on www.cra-arc.gc.ca/menu-e.html


What is the best retirement savings plan to invest in?

The best retirement savings plan to invest in depends on your financial needs and what works for you. You should meet with a financial advisor and look at the different options available.


How can I plan for retirement savings before I turn 30?

You should go visit your bank and talk to a banker so you can plan for retirement savings when you are very young.They will be able to help you thoroughly and get you on the right track.


Retirement Income?

Retirement Income Use this calculator to determine how much monthly income your retirement savings may provide you in your retirement. Your annual savings, expected rate of return and your current age all have an impact on your retirement's monthly income. View the full report to see a year-by-year break down of your retirement savings.


How can one start a retirement savings plan?

Starting a retirement savings plan seems like a daunting chore, but with a little research it can help make your future manageable. Start by asking questions on topics such as needs for the future, Social Security benefits and what your employer has to offer. Next, choose where you will start putting your money, such as an IRA or your employers retirement savings plan. Finally, begin saving, stick to your goals and do not touch the savings set aside for retirement!


Why would you need to use a retirement planning calculator?

If you use a retirement planning calculator then you can plan for a good plan to and helps to to find the estimate of how well your savings program is preparing you for the retirement.


What does it mean by rrsp retirement calculator?

RRSP or Registered Retirement Savings Plan calculator is a tool available used to predict how much money you will need to save or invest between now and when you anticipate on retiring. It takes into account things such as inflation and employer contributions.