The start of 2023 brings with it a change to Requirement Minimum Distributions (RMD’s) that could affect you. Whether you hold Individual Retirement Accounts (IRA’s) or employer-sponsored retirement plans (401(k), 403(b), you will need to take your RMD’s at a certain age. Plena Wealth Advisors can help ensure you are compliant with RMDs and IRS filing obligations regardless of your country of residency. Read more on RMDs and the change here.

Have you considered moving back to Canada but are unsure of where to start? Do you have questions about your..

When Canadians consider renouncing their citizenship, there are many questions that come to mind. What are the tax ramifications of leaving Canada? Do I have to liquidate my RRSP? Will I pay departure tax? If you’re a thinking about becoming a non-resident and need assistance with moving and optimizing your investments, financial planning and portfolio management, Plena Wealth Advisors is here to help navigate the complexities with you. Read more here.