What to do with my U.S. 529 plan as a Canadian resident?

Added: 2026-05-26

[00:00:00]Yeah, that's the worst case scenario. So effectively there are three options.

[00:00:04]Keep it intact but be aware of the tax reporting obligations.

[00:00:08]Uh relinquish control to a US resident trustee or cash it out. It's always case by case. Everyone needs their own advice. This is not advice, this is a conversation.

[00:00:18]Everyone should have their own unique advice. We can talk about it with people. We can help them get the right information. We can always publish podcasts.

[00:00:27]>> it it it really does fall under tax advice.

[00:00:29]>> Mostly, yes. Right? Or legal advice.

[00:00:32]Because it's but it's it's a it's an issue that um some people will will encounter and if they've got questions on it, they can do what? They can >> They can reach out.

[00:00:44]>> They can reach out. They can click the contact us button >> Send us an email. Send us a give us a phone call. Yep. We can talk about it.

[00:00:50]>> We can talk about it, yeah.

[00:00:51]>> Yep.