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As an expat Canadian living in the US I have limited options for my RRSPs other than keeping on renewing them at the ridiculously low interest rates available these days. Government mandated I understand, such that you cannot "invest" in new securities while outside of Canada. I can't even switch the money from GIC's into my existing TD RRSP mutual fund accounts. Other than cashing in the RRSPs, with a penalty, what options does an Expat have to find better options to invest in higher return ways. Can I set up a self-directed RRSP? Can I control them through a US-based TD bank branch. Thanks for your help.
Andrew, Richmond, VA
March 29, 2015 05:52:31 PM
4 people recommended this |
In reply to Andrew, Richmond, VA
Great seeing you here on TD Helps, Andrew! We're happy to help.
Since you mentioned that you're a Canadian living here in the U.S., it seems as though you meant to connect with our friends at TD Canada Trust. No worries, we'd be glad to point you in the right direction!
Since your question is fairly specific, we invite you to post it here directly: http://bit.ly/1kD3iFr on TD Canada Trust's TD Helps page. Our friends there will be glad to help or, feel free to reach an agent using any of these methods: http://bit.ly/1woOVay.
Hope this gets you started, Andrew! All the best and take care.
Kristen P, Mount Laurel
March 29, 2015 05:53:47 PM