加拿大理財討論區
馬上風
1001 回覆
58 Like
5 Dislike
I don’t have to pay Hong Kong taxes when I withdrew the MPF. But would it be a different situation if I have to?
yes, if you have to paid taxes, then you may not have to roll the full amount.
In any case, you can contribute up to the full amount of MPF.
https://www.sunlifeglobalinvestments.com/en/insights/investor-education/tax-and-estate-planning/transfer-of-a-foreign-retirement-plan-into-a-Canadian-rrsp-tax-rules-to-consider/
Transfer of a foreign retirement plan into a Canadian RRSP: tax rules to consider
Find out what are the rules applicable when transferring a foreign retirement plan into an RRSP on a tax-deferred basis
Transfer of a foreign retirement plan into a Canadian RRSP: tax rules to consider
In a world where cross-border mobility is important, many Canadians have benefited from work opportunities outside Canada in recent years. Some of these Canadians may have accumulated rights in a foreign retirement plan while working abroad and, coming back to Canada, many may have left such pension plans in a foreign jurisdiction.
The Income Tax Act (ITA), allows Canadian residents, under certain conditions, to transfer foreign retirement plans to a Canada Registered Retirement Savings Plan (RRSP).
In this document, we will discuss the rules applicable when transferring a foreign retirement plan - including a U.S. retirement plan - into an RRSP on a tax-deferred basis. We will also discuss the benefits and possible drawbacks of doing such a transfer.
Note that it is essential that an investor seek advice from a qualified tax advisor, planner, and/or legal advisor before acting on any of the information included in this document.
Foreign pension plans and the Income Tax Act
There is no specific provision within the ITA that allows a Canadian resident to do a direct transfer of a foreign retirement plan into Canadian RRSPs.
However, paragraph 60(j) of the Income Tax Act allows, under certain conditions, to do an indirect transfer into an RRSP of amounts that qualify as a superannuation or pension benefit from a foreign pension plan.
When determining whether benefits withdrawn from a foreign retirement plan will qualify under the par 60(j), a taxpayer should consider the following:
The withdrawal from the foreign retirement plan, must be received as a lump sum payment, and not be part of a series of periodic payments.
The pension benefit must be included in the individual's Canadian income tax, under subparagraph 56(1)(a)(i), and not exempt from tax in Canada because of a tax treaty.
When withdrawing a benefit from a foreign pension plan, the gross amount of the benefit withdrawn may be contributed to a Canadian RRSP, provided that the contributions to the plan relate to services rendered by the taxpayer while a nonresident of Canada.
The person must be a resident of Canada at the time of the contribution to their RRSP.
The contribution to the RRSP must take place by December 31st of the calendar year in which the person turns 71.
If all of these criteria are met, paragraph 60(j) of the ITA will allow the taxpayer to claim an offsetting deduction, if an RRSP contribution is made in the year the pension benefit is received or within 60 days after the end of that year. The amount of the deduction is limited to the lesser of the amount contributed and the amount of the benefit included in income. No RRSP contribution room is required; the deduction is over and above an individual's regular RRSP deduction limit.
If the requirements above are satisfied, the RRSP contribution can be designated as a "transfer" on Line 14 of Schedule 7, in the Canadian taxpayer's return for the year.
In any case, you can contribute up to the full amount of MPF.
https://www.sunlifeglobalinvestments.com/en/insights/investor-education/tax-and-estate-planning/transfer-of-a-foreign-retirement-plan-into-a-Canadian-rrsp-tax-rules-to-consider/
Transfer of a foreign retirement plan into a Canadian RRSP: tax rules to consider
Find out what are the rules applicable when transferring a foreign retirement plan into an RRSP on a tax-deferred basis
Transfer of a foreign retirement plan into a Canadian RRSP: tax rules to consider
In a world where cross-border mobility is important, many Canadians have benefited from work opportunities outside Canada in recent years. Some of these Canadians may have accumulated rights in a foreign retirement plan while working abroad and, coming back to Canada, many may have left such pension plans in a foreign jurisdiction.
The Income Tax Act (ITA), allows Canadian residents, under certain conditions, to transfer foreign retirement plans to a Canada Registered Retirement Savings Plan (RRSP).
In this document, we will discuss the rules applicable when transferring a foreign retirement plan - including a U.S. retirement plan - into an RRSP on a tax-deferred basis. We will also discuss the benefits and possible drawbacks of doing such a transfer.
Note that it is essential that an investor seek advice from a qualified tax advisor, planner, and/or legal advisor before acting on any of the information included in this document.
Foreign pension plans and the Income Tax Act
There is no specific provision within the ITA that allows a Canadian resident to do a direct transfer of a foreign retirement plan into Canadian RRSPs.
However, paragraph 60(j) of the Income Tax Act allows, under certain conditions, to do an indirect transfer into an RRSP of amounts that qualify as a superannuation or pension benefit from a foreign pension plan.
When determining whether benefits withdrawn from a foreign retirement plan will qualify under the par 60(j), a taxpayer should consider the following:
The withdrawal from the foreign retirement plan, must be received as a lump sum payment, and not be part of a series of periodic payments.
The pension benefit must be included in the individual's Canadian income tax, under subparagraph 56(1)(a)(i), and not exempt from tax in Canada because of a tax treaty.
When withdrawing a benefit from a foreign pension plan, the gross amount of the benefit withdrawn may be contributed to a Canadian RRSP, provided that the contributions to the plan relate to services rendered by the taxpayer while a nonresident of Canada.
The person must be a resident of Canada at the time of the contribution to their RRSP.
The contribution to the RRSP must take place by December 31st of the calendar year in which the person turns 71.
If all of these criteria are met, paragraph 60(j) of the ITA will allow the taxpayer to claim an offsetting deduction, if an RRSP contribution is made in the year the pension benefit is received or within 60 days after the end of that year. The amount of the deduction is limited to the lesser of the amount contributed and the amount of the benefit included in income. No RRSP contribution room is required; the deduction is over and above an individual's regular RRSP deduction limit.
If the requirements above are satisfied, the RRSP contribution can be designated as a "transfer" on Line 14 of Schedule 7, in the Canadian taxpayer's return for the year.
有㗎
我就喺TD做嘅
你搵埋啲資料俾佢
我就喺TD做嘅
你搵埋啲資料俾佢
簡單答係唔得。公司pension遲工後可以轉lock in RRSP. Lock in RRSP 係唔可以用作HBP
返咗加拿大之後香港屋企先收到宏利寄嗰份final statement ，遲啲份文件拎到手再去搵第二間分行問
而家搵開嗰個advisor流流哋，係咁叫我諗清楚有咩目標再決定開RRSP/FHSA/TFSA，約得時間特登去搞緊係一次過開晒，到時有需要咪想入邊個就邊個
而家搵開嗰個advisor流流哋，係咁叫我諗清楚有咩目標再決定開RRSP/FHSA/TFSA，約得時間特登去搞緊係一次過開晒，到時有需要咪想入邊個就邊個
MPF轉入RRSP筆錢，計唔計嗰年報稅嘅RRSP contribution？有冇得用嚟扣稅？
MPF 100% taxable.
You can roll/contribute the FULL amount into an RRSP within the calendar year or 60days after year end (first 60 days of 2025) and receive 100% deduction.
Your roll over will NOT affect your current year's RRSP contribution room.
e.g.
MPF converted into Cdn$ 200,000
The $200,000 will be added to 2024 income
If you roll over/contribute $200,000 to your RRSP
then you can take a deduction of $200,000 in 2024
If you also have $5,000 RRSP room from your employment income, then you can contribute another $5,000 and get another deduction of $5,000.
You can roll/contribute the FULL amount into an RRSP within the calendar year or 60days after year end (first 60 days of 2025) and receive 100% deduction.
Your roll over will NOT affect your current year's RRSP contribution room.
e.g.
MPF converted into Cdn$ 200,000
The $200,000 will be added to 2024 income
If you roll over/contribute $200,000 to your RRSP
then you can take a deduction of $200,000 in 2024
If you also have $5,000 RRSP room from your employment income, then you can contribute another $5,000 and get another deduction of $5,000.
感謝指點
advisor係銀行職員？對銀行黎講，維持戶口係有成本，你開埋d戶口唔用的話，係白白增加緊銀行營運成本
宜家好多銀行都狂凍結/閂d彊屍戶口cut cost
宜家好多銀行都狂凍結/閂d彊屍戶口cut costDo you have any assets outside Canada when you entered Canada?
想月供美股喺邊間開TFSA戶口最抵玩
IBKR 美股手續費應該最低
Thanks 
我見佢會Rebate ATM Fee好似唔錯
其他好似淨限左母公司先可以free withdrawal
其他好似淨限左母公司先可以free withdrawal
我幾十年前，將自己間屋既mortgage擺入老婆個RRSP. 間銀行話從來無聽過可以咁樣做嘅。最後我一步一步咁教嗰個銀行副經理每一個步驟。攪咗兩個禮拜先掂。後來佢變咗嗰間分行依個項目既指定人員。
Mortgage interest rate was over 10% at that time.
https://rates.ca/resources/self-directed-rrsp-mortgage
What is a Self-Directed RRSP Mortgage?
An RRSP is a tax-deferred savings account that allows the holder to house qualified investments and allow them to grow over time. They can later use their funds for retirement or towards a down payment, through the Home Buyers Plan or First Home Savings Account (FHSA).
Most people prefer to invest their RRSP in assets that either have guaranteed income (like GICs and bonds), or offer dividend income or capital gains, think stocks and exchange-traded funds (ETFs). However, as interest rates start to rise, one unlikely option has emerged as a viable investment: Your own mortgage.
A self-directed RRSP mortgage allows you to, through an approved lender, invest in a mortgage — either your first mortgage or on an investment property. This arrangement allows you to act as both the borrower and the investor, allowing you instant cashflow through the interest incurred.
Mortgage interest rate was over 10% at that time.
https://rates.ca/resources/self-directed-rrsp-mortgage
What is a Self-Directed RRSP Mortgage?
An RRSP is a tax-deferred savings account that allows the holder to house qualified investments and allow them to grow over time. They can later use their funds for retirement or towards a down payment, through the Home Buyers Plan or First Home Savings Account (FHSA).
Most people prefer to invest their RRSP in assets that either have guaranteed income (like GICs and bonds), or offer dividend income or capital gains, think stocks and exchange-traded funds (ETFs). However, as interest rates start to rise, one unlikely option has emerged as a viable investment: Your own mortgage.
A self-directed RRSP mortgage allows you to, through an approved lender, invest in a mortgage — either your first mortgage or on an investment property. This arrangement allows you to act as both the borrower and the investor, allowing you instant cashflow through the interest incurred.
喺香港銀行仲有啲存款，冇轉晒過嚟，但總額唔過10萬加紙，所以冇申報
個職員RRSP/FHSA/TFSA呢啲戶口加埋入面有over 5000加紙就免收每季嘅費用，咁即係銀行條底線係呢個數啦
但問題係既然銀行最低要求嘅係三種戶口總額有5000就得，職員又何必咁多話術，叫人諗清楚咩目標先決定開邊種戶口，佢仲要話其實開多種戶口都只係到時喺電腦click多個box，咁我點解唔一次過開晒
但問題係既然銀行最低要求嘅係三種戶口總額有5000就得，職員又何必咁多話術，叫人諗清楚咩目標先決定開邊種戶口，佢仲要話其實開多種戶口都只係到時喺電腦click多個box，咁我點解唔一次過開晒
advisor係銀行職員？對銀行黎講，維持戶口係有成本，你開埋d戶口唔用的話，係白白增加緊銀行營運成本
個職員話RRSP/FHSA/TFSA呢啲戶口加埋入面有over 5000加紙就免收每季嘅費用，咁即係銀行條底線係呢個數啦
但問題係既然銀行最低要求嘅係三種戶口總額有5000就得，職員又何必咁多話術，叫人諗清楚咩目標先決定開邊種戶口，佢仲要話其實開多種戶口都只係到時喺電腦click多個box，咁我點解唔一次過開晒
買t bond stripped ETF咪無事
除非CRA玩到 要你apply look through which is highly unlikely
除非CRA玩到 要你apply look through which is highly unlikely
唔想幫你做，耍鳩你啫
你話係foreign pension income transfer 唔會唔做得，加拿大D人成日都係唔識扮識，可以話係文化嚟
你話係foreign pension income transfer 唔會唔做得，加拿大D人成日都係唔識扮識，可以話係文化嚟
Any interest earned from that?
