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Investment Advice for Canadians Living in USA
08-25-2008, 05:34 PM
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#1
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Confused about dryer sheets
Join Date: Aug 2008
Posts: 1
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Investment Advice for Canadians Living in USA
Hello!
I’m 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 company’s 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.
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08-25-2008, 06:00 PM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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08-25-2008, 06:03 PM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: No Country for Old Men
Posts: 47,508
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 Quote:
Originally Posted by Meadbh
But for wayyyy more detail, check the financial webring forum.
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Here's a link: http://www.financialwebring.org/forum/
__________________
Numbers is hard
Retired in 2005 at age 58, no pension
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09-04-2008, 08:52 AM
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#4
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Recycles dryer sheets
Join Date: Mar 2008
Posts: 129
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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'. 
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09-04-2008, 01:16 PM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,291
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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
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