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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (3732)	11/18/2003 10:02:44 PM
From: LLCF	Read Replies (1) \| Respond to of 4916

<i would be very surprised if you could convert a US IRA to a Canadian one without heavy tax consequences> I don't know, as I said, I'm just starting to look into these things. I assume that it will remain an "IRA" as an entity... just a matter of where it can be held... there used to be a "Merrill Lynch Canada" for instance. I have it at Merrill Lynch in the states now, and it's mostly in Canadian denominated securities anyway... they claimed they can also hold all proceeds and money funds in Canadian funds for me automatically... it's just that I"d feel better having it at the Bank of Montreal or TD IN CANADA when the black helicopters start flying around :)) Needless to say Uncle Sam would no doubt come after you regardless if you didn't pay taxes on an IRA or SS for that matter when it comes due.... it's not my goal to avoid that... it's to have the money in a place that would make it difficult for Uncle Sam to STEAL IT from ME. DAK