Comments on: Contribute US Stocks In-Kind To Your RRSP http://www.canadiancapitalist.com/contribute-us-stocks-in-kind-to-your-rrsp/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: In-Kind Contributions and Superficial Loss Rules http://www.canadiancapitalist.com/contribute-us-stocks-in-kind-to-your-rrsp/#comment-182906 In-Kind Contributions and Superficial Loss Rules Tue, 24 Feb 2009 12:38:58 +0000 http://www.canadiancapitalist.com/2007/08/09/contribute-us-stocks-in-kind-to-your-rrsp#comment-182906 [...] you hold securities in a taxable portfolio, you can contribute them in-kind to your RRSP. But, you have to keep in mind the tax implications because an in-kind transfer is considered as a [...] [...] you hold securities in a taxable portfolio, you can contribute them in-kind to your RRSP. But, you have to keep in mind the tax implications because an in-kind transfer is considered as a [...]

]]> By: Money Relations - Finance and investment blog. » US currency exchange http://www.canadiancapitalist.com/contribute-us-stocks-in-kind-to-your-rrsp/#comment-61835 Money Relations - Finance and investment blog. » US currency exchange Tue, 14 Aug 2007 12:03:27 +0000 http://www.canadiancapitalist.com/2007/08/09/contribute-us-stocks-in-kind-to-your-rrsp#comment-61835 [...] and contribute in kind to my RRSP and have the benefits of the wash trades as described by the Canadian Capitalist.   This is all in an effort to reduce those pesky conversion fees.  Be also aware of [...] [...] and contribute in kind to my RRSP and have the benefits of the wash trades as described by the Canadian Capitalist.   This is all in an effort to reduce those pesky conversion fees.  Be also aware of [...]

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/contribute-us-stocks-in-kind-to-your-rrsp/#comment-60852 Canadian Capitalist Fri, 10 Aug 2007 11:05:04 +0000 http://www.canadiancapitalist.com/2007/08/09/contribute-us-stocks-in-kind-to-your-rrsp#comment-60852 AJ: There is usually no charge for making a contribution in-kind, though you may want to check with your broker. AJ: There is usually no charge for making a contribution in-kind, though you may want to check with your broker.

]]> By: Average Joe http://www.canadiancapitalist.com/contribute-us-stocks-in-kind-to-your-rrsp/#comment-60747 Average Joe Thu, 09 Aug 2007 16:12:39 +0000 http://www.canadiancapitalist.com/2007/08/09/contribute-us-stocks-in-kind-to-your-rrsp#comment-60747 Excellent advice CC in avoiding the exchange spread. Is there not a cost involved in moving the securities from your taxable account into your RRSP? Brokerages don't like to do things for free. Excellent advice CC in avoiding the exchange spread.

Is there not a cost involved in moving the securities from your taxable account into your RRSP? Brokerages don’t like to do things for free.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/contribute-us-stocks-in-kind-to-your-rrsp/#comment-60734 Canadian Capitalist Thu, 09 Aug 2007 14:19:00 +0000 http://www.canadiancapitalist.com/2007/08/09/contribute-us-stocks-in-kind-to-your-rrsp#comment-60734 FT: RRSP accounts are denominated in C$. So, the value is displayed in C$. FT: RRSP accounts are denominated in C$. So, the value is displayed in C$.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/contribute-us-stocks-in-kind-to-your-rrsp/#comment-60732 Canadian Capitalist Thu, 09 Aug 2007 14:14:14 +0000 http://www.canadiancapitalist.com/2007/08/09/contribute-us-stocks-in-kind-to-your-rrsp#comment-60732 telly: One trick you can employ in contributing in-kind is to wait till the end of the trading day before calling customer service. The market value of the disposition is calculated using the previous day's close, so you won't be blindsided by a sudden crash (a la 1987) in the markets. telly: One trick you can employ in contributing in-kind is to wait till the end of the trading day before calling customer service. The market value of the disposition is calculated using the previous day’s close, so you won’t be blindsided by a sudden crash (a la 1987) in the markets.

]]> By: telly http://www.canadiancapitalist.com/contribute-us-stocks-in-kind-to-your-rrsp/#comment-60724 telly Thu, 09 Aug 2007 12:50:11 +0000 http://www.canadiancapitalist.com/2007/08/09/contribute-us-stocks-in-kind-to-your-rrsp#comment-60724 As you know, this is of great interest to me so I appreciate the informative post. And thanks for the reminder / disclaimer at the end....reminds me not to get lazy / forgetful. As you know, this is of great interest to me so I appreciate the informative post. And thanks for the reminder / disclaimer at the end….reminds me not to get lazy / forgetful.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/contribute-us-stocks-in-kind-to-your-rrsp/#comment-60723 Canadian Capitalist Thu, 09 Aug 2007 12:32:04 +0000 http://www.canadiancapitalist.com/2007/08/09/contribute-us-stocks-in-kind-to-your-rrsp#comment-60723 Steve: As a matter of policy, I don't like to hold employer stock. I participate in the ESPP program just to make an almost risk-free return of at least 17%. I use the proceeds of the stock sale to buy ETFs like VTI or VEA. Steve: As a matter of policy, I don’t like to hold employer stock. I participate in the ESPP program just to make an almost risk-free return of at least 17%. I use the proceeds of the stock sale to buy ETFs like VTI or VEA.

]]> By: MillionDollarJourney.com http://www.canadiancapitalist.com/contribute-us-stocks-in-kind-to-your-rrsp/#comment-60716 MillionDollarJourney.com Thu, 09 Aug 2007 11:25:36 +0000 http://www.canadiancapitalist.com/2007/08/09/contribute-us-stocks-in-kind-to-your-rrsp#comment-60716 Great idea CC. I never thought of transferring USD stock "in-kind" to an RRSP before. So what happens to the stock once it's in your RRSP? Is the value represented as CAD? Or does it remain in USD? Great idea CC. I never thought of transferring USD stock “in-kind” to an RRSP before. So what happens to the stock once it’s in your RRSP? Is the value represented as CAD? Or does it remain in USD?

]]> By: Steve Heath http://www.canadiancapitalist.com/contribute-us-stocks-in-kind-to-your-rrsp/#comment-60714 Steve Heath Thu, 09 Aug 2007 11:22:58 +0000 http://www.canadiancapitalist.com/2007/08/09/contribute-us-stocks-in-kind-to-your-rrsp#comment-60714 So why wouldn't you just take your employer's stocks and contribute them in kind, and then do a wash trade? It seems like you're doing an extra trade (unless you're buying the USD stock you want to hold long term as the in-kind contribution) the way it's described. So why wouldn’t you just take your employer’s stocks and contribute them in kind, and then do a wash trade? It seems like you’re doing an extra trade (unless you’re buying the USD stock you want to hold long term as the in-kind contribution) the way it’s described.

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