Greetings, Snoopy33, and welcome.<<I had a few questions regarding cross borderfinancial planning ... specifically for thosewho are working in the US (through variouswork visas) but are not US citizens.How are 401K accounts settled if one decidesto return to their native country (Canada inthis example). Are there any tax provisionsbetween the US and Canada that would allowthe individual who has his retirement moneyin a 401K plan and decides to return home.Would it be possible to leave the money inthe account until he/she is eligible forwithdrawls?Would he owe tax to both the US and Canadiangovernments? Or simply the US since she/heearned the money in the US and was never taxedon the earnings?>>If you participate in a 401k and leave your job, you may leave the funds there until normal retirement provided the sum is greater than $5K. When you begin withdrawals, you will pay income taxes to the U.S. government. As to Canadian taxes, you'll have to check with the authorities in Canada about that.Regards….Pixy
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