Recent content by FlyingNorth

Thanks everybody! This is all great information, and gives me lots of things to look into. I knew this would be a good group to ask! best, Beth

Thanks Ed, this is all really good info! I expect to use at least some of my 72T payments, though perhaps not all. That may vary from month to month, so I could adjust what I transfer to Canada accordingly I guess! Credit union sounds like a good idea though - that could work well for me...

Hello, I'm 47 and currently live in San Francisco. I will soon E semi-R and immediately move to Canada, where my husband has accepted a new job. Part of my income is going to include a 72T from one of my IRAs. I am wondering how people who are living in a different country are receiving their...

Hi Meadbh, thanks for the links. these are really handy! We are prepared for the higher taxes in Canada, so it's great to get more information as we are able. DH will be teaching at a University up there, and so qualifies as a "foreign academic". There is an agreement with NAFTA that will allow...

Thanks JoJo, that is all very good to know! We will be living in Toronto. I've been there several times, but not for about 15 years, and I expect it has changed alot in that time. We are all very excited about having a new place to explore! Beth

Thanks Alan, and congrats to your wife! If her IT career was as long as mine she well deserves her ER. I could also roll this retirement payout into an IRA, or even into my 401K I believe, but I feel like I'd rather do something with it that would provide some income sooner, since this is such...

Thanks Sam, you're right, it is a tough choice. While the annuity or rollover would be "safer", and I wouldn't take as much of a tax hit, I guess the risk and taxes aren't bothering me as much as they normally might - this is money I didn't know I had until now. Hmm, what to do!

Hi jdw_fire, I am 47, my husband is 48. For the annuity I could choose either sole lifetime benefits (for my lifetime only), or a 50% or 75% survivor benefit. Based on family history, general health, and the fact that I am a woman and he is a man, I am likely to live longer, but as always...

Hi! I have found myself in an interesting situation and have discovered this board recently. I've found some great information already, and I'm hoping people here might be able to help me sort some things out. After a couple years of seeking, my husband has accepted an offer to teach at a...