Investment Advice for Canadians Living in the U.S.

[Jessica Yau]

Hi everyone,

My husband and I are Canadians who recently moved to California for work. Our jobs do not offer 401Ks and we were advised to sell our Canadian TFSAs (similar to U.S's Roth IRA) because the U.S. will not recognize that as a tax-free saving accounting. We would really appreciate any advice on what types of account we should use to invest our money aside from a traditional taxable brokerage account. For the most part, we are index-fund investors.

Thanks in advance!

Jess