Are RRSP distributions taxable in the US?
Are RRSP distributions taxable in the US? Tax-deferred plans. Generally, income that accrues in certain Canadian retirement plans (including RRSPs or RRIFs) is currently subject to U.S. tax, even if it is not distributed. However, a U.S. citizen or resident can elect to defer U.S. tax on income accrued in the plan until the income […]