Advertisement This blog post focuses on the rules around US citizens or tax residents who have Canadian Registered Retirement Savings Accounts (RRSPs). RRSPs are a government sanctioned savings program in which contributions are deducted from taxable income, and any investment growth is deferred from taxation until the owner of the account makes withdrawals. This is … Continue reading US Taxpayers with Canadian Registered Retirement Savings Accounts (RRSPs)? File now to avoid penalties!