PREP Podcaster - ”Success Favours The PREPared Mind”
News:News Commentary
January 26, 2022 - Participants Include:
LJ Eiben - Raymond James - @L_Eiben
John Richardson - @Expatriationlaw
Mr. LJ Eiben first participated as a guest in November of 2021 when we discussed US Social Security for Americans abroad. Today he returns for a discussion about Canada Pension Plan and Old Age Security.
___________________________________________________
Mr. LJ Eiben is a Financial Advisor at Raymond James.
The information in this podcast was obtained from sources RJA and believed to be reliable; however, we cannot represent that it is accurate or complete. It is provided as a general source of information and should not be considered personal investment advice or solicitation to buy or sell securities. The views expressed are not necessarily those of Raymond James (USA) Ltd. Raymond James (USA) Ltd. (RJLU) advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered.
Raymond James (USA) Ltd. is a member of FINRA / SIPC
_________________________________________________________________
Financial planning has become a necessity for all individuals and families. US citizens living outside the United States face particularly difficult hurdles. Much of this is the result of the requirement of filing taxes in both Canada and the United States. What one tax system gives, the other taxes. As a result, it is essential that US citizens receive specialized financial, investment, tax (and even life) advice. In general the receipt of US Social Security is NOT dependent on being a US citizen. Hence it is available to all individuals who "paid into the system" without regard to citizenship. It is available to Green Card holders returning home, US citizens living abroad and those who renounced US citizenship.
Raymond James as a "cross border platform" which means that (in general) it can hold US investments in Canada for Canadians.
__________________________________________________________________
Canada Pension Plan And Financial Planning:
When it comes to Canada Pension Plan it's important to NOT leave money on the table. In this podcast Mr. Eiben gives his reasons for why it may make sense to delay receiving Canada Pension Plan to age 70 which will result in significantly higher payments. In addition, those higher payments will result in higher spousal/retirement benefits!
If You Think The Cost Of Education Is High, Try The Cost Of Not Having That Education
Time To Retire The Term ”Citizenship Taxation”: Better To Call It Taxation Based On Circumstances Of Birth
The US Supreme Court FBAR Decision in Bittner: The Morning After
U.S. District Court: Green Card Holders May Be Able To Rely On Tax ”Treaty Escape Hatch” To Avoid Mr. FBAR
Canada’s Underused Housing Tax Unites US And Canadian Residents In Opposition To Citizenship Tax
How The US Is Incentivizing Americans Abroad To Renounce US Citizenship
If We Don’t Hang Together, We Will Hang Separately - How Americans Abroad Divide Themselves
Paying Tax On Income Never Received: The Moores, The 965 Transition Tax, Foreign Corps and Subpart F
Redefining US Citizenship Tax: Taxation Based On Circumstances Of Birth Instead Of Circumstances Of Life (applied to people who don’t live in the USA)
FBAR Penalties - US v. Molyneux - The Next Opportunity To Argue The Excessive Fines Clause
@MiAzhikwan - The Importance Of Truth - The Second Lesson
H.R. 25 - ”The Fair Tax” - Will Be Voted On In The House - Taxation Is Too Important To Be Left To The Political Parties
US Supreme Court Denies Toth FBAR Cert Petition Refusing To Decide Whether Penalties Violate ”Excessive Fines Clause” Of 8th Amendment
Four Attitudes Of Americans Abroad Toward US Citizen Tax: Ending, Ignoring, Escaping Or Improving
Why Tax Reform For Americans Abroad Is Reminiscent Of The Movie Groundhog Day
Dr. Don Young Discusses: Jordan Peterson And The Ontario College Of Psychologists of Ontario
Notice 2023-11: A Significant Escalation of FATCA Enforcement On Foreign Banks and Americans Abroad
There Are Two Kinds Of People Who Need A Second Citizenship: The Rich And The Poor
Financial Planning For Americans Abroad In Israel with Aaron Katsman
Ms. Molyneux Meets Mr. FBAR On Fifth Avenue In New York
Create your
podcast in
minutes
It is Free
The Tucker Carlson Show
The Matt Walsh Show
The Glenn Beck Program
Mark Levin Podcast
The Michael Knowles Show