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Forum: The Maple Leaf

Oct 8th 2017, 3:23 pm

Replies: 14

RRSP in my dotage living in UK

Views: 3,828

Posted By Pulaski

Re: RRSP in my dotage living in UK

But should it be?

Typically (other countries such as the UK and US), the default is "withhold tax", and you have to tell the investment manager that you are overseas and not liable for local...

Forum: The Maple Leaf

Oct 8th 2017, 12:05 pm

Replies: 14

RRSP in my dotage living in UK

Views: 3,828

Posted By Pulaski

Re: RRSP in my dotage living in UK

This wiki (https://en.m.wikipedia.org/wiki/Registered_Retirement_Savings_Plan) has a pretty clear explanation, including the switch to an RRIF (see under the Withdrawals heading), which must occur no...

Forum: The Maple Leaf

Oct 7th 2017, 7:26 pm

Replies: 14

RRSP in my dotage living in UK

Views: 3,828

Posted By Pulaski

Re: RRSP in my dotage living in UK

Dave, above, said "No taxes on the monthly drawdowns are withheld by Canada, ...."

Comment?

Forum: The Maple Leaf

Oct 7th 2017, 2:59 pm

Replies: 14

RRSP in my dotage living in UK

Views: 3,828

Posted By Pulaski

Re: RRSP in my dotage living in UK

Why? If you get credit in the UK for tax paid in Canada, where is the incremental cost for living outside of Canada? :confused:

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