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    Moericke's Avatar
    Moericke Posts: 2, Reputation: 1
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    #1

    Aug 9, 2007, 09:30 AM
    Non- U.S. citizen in IRAs
    Can a Canadian citizen, living and working in the U.S. establish IRA/Roth IRA/401k accounts? If so, where is the rule or IRS publication?
    Choux's Avatar
    Choux Posts: 3,047, Reputation: 376
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    #2

    Aug 9, 2007, 09:55 AM
    Would the person have a *valid* American Social Security Number? It is also called a tax identification number or TIN.

    No TIN, no account.
    Moericke's Avatar
    Moericke Posts: 2, Reputation: 1
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    #3

    Aug 9, 2007, 01:16 PM
    Quote Originally Posted by Choux
    Would the person have a *valid* American Social Security Number? It is aslo called a tax identification number or TIN.

    No TIN, no account.
    This person has a SSN, but I did not know non-US citizens could get a SSN. IRS form 519 talks about Resident Aliens having the same rights to IRAs as US citizens, but there seems to be a lot of gray area.
    Choux's Avatar
    Choux Posts: 3,047, Reputation: 376
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    #4

    Aug 9, 2007, 03:56 PM
    When I did extensive work selling IRA's and processing them, the only requirement was a *valid* SSN. There was no requirement to see birth certificates. This was a few years back, so I guess I'm not up to date in tax code changes.

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