I’m thinking about retiring in Canada for the lower healthcare costs — what are the big steps to make that happen and how will my Social Security, 401(k) and IRA work across borders?

I’m thinking about retiring in Canada for the lower healthcare costs — what are the big steps to make that happen and how will my Social Security, 401(k) and IRA work across borders?

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Let’s say you’re nearing retirement age and considering a move to Canada for the lower healthcare costs and proximity to your family north of the border. You wouldn’t be the only one considering such a move. In 2024, it’s estimated that 10,080 Americans became permanent Canadian residents. Don't…

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