Serbinski Weinberg, Ltd., Certified Public AccountantsTax and other financial matters concerning Canadian professionals in the U.S. and U.S. citizens in Canada Includes income and estate taxation, social security, health insurance, retirement accounts, cross border tax issues, and other matters affecting your pocketbook. Topic Administrator: Mark T. Serbinski, CA, CPA of Serbinski Weinberg, Ltd. CPA's and Serbinski Partners, Chartered Accountants

Canada to U.S. Business Immigration Newsgroup

Topic: Tax and Financial

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Posted by NelsoN on August 20, 2004 at 10:56:28:

In Reply to: Maximum CPP benefits for TN work in US posted by Jay on August 20, 2004 at 10:26:12:

After working for 20 years in Canada, I am now in the US on TN. I may return to Canada after working for 5-10 years. In Canada I contributed maximum CPP for 20 years. Question is: Have I reached my max CPP benefit? If so, is my contribution to US SS helping me if I don't contribute to it for 40 quarters. And if I do contribute for 40 quarters, will I be eligbile for both securities. Thanks. Jay
This has been covered in detail in other posts, but, in short, you qualify for CPP because you worked a year in Canada; nothing you do in US will increase or decrease your CPP payout (which is not maxxed out at this point)

For SS however, the fact that you have worked in canada for more than 8.5 years will mean that you will collect *some* SS with as little as a 6 quarters of SS contributions.

The more you work in US past 6 quarters, the more SS you will eventually get.

See totalization agreements on the international portion of the SSA website.


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