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I will be moving early December to the states and would appreciate some financial clarity.
I’ve seen a lot of of posts regarding TFSA’s, FHSA’s and RRSP’s and have gathered that:
A tfsa is a hassle to keep and should be liquidated
FHSA is not recognized and should be liquidated
RRSP is fine to keep.
What about actual cash within a Canadian checking and savings account?
does this have any tax impact?
what impact does interest have?
Can I keep my cash in CAD as I don’t want to lose money from conversion?
What experience do people have with keeping a non registered account of stocks and etfs?
I’ve seen a lot of of posts regarding TFSA’s, FHSA’s and RRSP’s and have gathered that:
A tfsa is a hassle to keep and should be liquidated
FHSA is not recognized and should be liquidated
RRSP is fine to keep.
What about actual cash within a Canadian checking and savings account?
does this have any tax impact?
what impact does interest have?
Can I keep my cash in CAD as I don’t want to lose money from conversion?
What experience do people have with keeping a non registered account of stocks and etfs?
