Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Investment Advice for Canadians Living in USA
Old 08-25-2008, 06:34 PM   #1
Confused about dryer sheets
 
Join Date: Aug 2008
Posts: 1
Investment Advice for Canadians Living in USA

Hello!
Iím very happy to have found this forum!!!
My husband and I are Canadians but we are currently living in the US. We plan on being here for 3 years. I recently opened a Vanguard account and started investing (gotta love a bear market!). My questions are the following: Can I continue to invest in Vanguard when we return to Ontario? If not, do I have to withdraw the investments before moving? Has anyone had experience with this
Also, my hubby is working for the same firm he was with in Canada. He would like to take advantage of his companyís 401K program while we are here. Just wondering what happens to 401Ks when the individual move outside the US? Again any experience that you could share on this would be appreciated.
__________________

__________________
WineLover is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-25-2008, 07:00 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,014
Quote:
Originally Posted by WineLover View Post
Hello!
Iím very happy to have found this forum!!!
My husband and I are Canadians but we are currently living in the US. We plan on being here for 3 years. I recently opened a Vanguard account and started investing (gotta love a bear market!). My questions are the following: Can I continue to invest in Vanguard when we return to Ontario? If not, do I have to withdraw the investments before moving? Has anyone had experience with this
Also, my hubby is working for the same firm he was with in Canada. He would like to take advantage of his companyís 401K program while we are here. Just wondering what happens to 401Ks when the individual move outside the US? Again any experience that you could share on this would be appreciated.
No, you can't buy Vanguard here. But for wayyyy more detail, check the financial webring forum.
__________________

__________________
Meadbh is offline   Reply With Quote
Old 08-25-2008, 07:03 PM   #3
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,069
Quote:
Originally Posted by Meadbh View Post
But for wayyyy more detail, check the financial webring forum.
Here's a link: http://www.financialwebring.org/forum/
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 09-04-2008, 09:52 AM   #4
Recycles dryer sheets
 
Join Date: Mar 2008
Posts: 129
You might want to check with your husband's company's HR dept. Usually when companies transfer employees to other companies they give them help with taxes and benefit implications while 'abroad'.
__________________
itsmyparty is offline   Reply With Quote
Old 09-04-2008, 02:16 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
kcowan's Avatar
 
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 5,705
Send a message via Skype™ to kcowan
I think you can buy Vanguard and also open a 401K plan while you are working in the US. However, if you return to Canada, further investment in both are frozen. You can retain the Vanguard account but no longer contrubute to it. The 401K is more complex and deserves some professional advice.
__________________
For the fun of it...Keith
kcowan is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Perpetual traveler needs domicile planning advice in USA janejdh Hi, I am... 5 05-02-2008 01:54 PM
Need Retirement Investment advice johnbb FIRE and Money 33 09-25-2006 10:53 AM
Corn - Investment Advice Danny FIRE and Money 25 08-12-2006 09:55 AM
O.K., so seeking investment advice laurence FIRE and Money 70 06-25-2005 11:47 AM
Investment advice lauraf13 FIRE and Money 32 07-20-2003 01:38 PM

 

 
All times are GMT -6. The time now is 09:40 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.