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2
votes
2answers
114 views

What is the effective interest rate on a credit card that offers 0% interest with a 4% balance transfer fee?

I'm about to do a balance transfer that has a fee of 4%. It gives me 0% interest for 14 months. Is it just a straight calculation of 4% for the year or is there another calculation that I need to ...
1
vote
1answer
72 views

How are bank accounts linked to other accounts?

How do services like Square link bank accounts to people's personal accounts? Is there some API they're plugging into? Is this the same as ACH?
0
votes
0answers
57 views

Are there tax implication on buying US stock while on a job transfer?

I work for a startup company in San Francisco and will be transferring to our London Office in April. Right now, I have vested a little over half of my allotted shares with the company, but have yet ...
5
votes
1answer
202 views

Moving current employer 401k balance into self-directed solo 401k?

Let's say my employer offers a 401k. In general, this means I can only pick from a basket of funds to invest in. I prefer self directing my investments, and my broker offers a no-fee solo 401k. I ...
3
votes
1answer
146 views

Is it possible to transfer stock I already own into my Roth IRA without having to sell the stock?

My cash is already in the stock. Can I just transfer the stock to my Roth IRA?
1
vote
2answers
950 views

How to correctly transfer my RRSP account to a new self-directed RRSP?

I have a RRSP through Great West Life, but want to open a Self directed RRSP through CIBC. Can I transfer this GWL RRSP to a CIBC self directed. If so how to do it.
4
votes
1answer
1k views

Can I transfer money from my prepaid Visa gift card to my debit card?

I bought a prepaid Visa gift card to add money on my phone account. It turns out I can't do this because the gift card can not be processed by my phone company because the card does not have my ...
1
vote
2answers
234 views

Money transferred to an account in error

Just for reference, this is um, theoretical. What is the legal/banking position if an employer transfers a large (very) sum of money into a staff members bank account? Is said person obliged to ...
5
votes
4answers
3k views

Can I move my 401k to another country without paying tax penalty?

I might want to move the money in my 401k from US to Canada. I do not work with my previous employer anymore, but now I am self-employed. Can I do this without incurring penalties?