US IRA/401k as proof of funds?

[thisworks]

I've provided savings and 401K to OINP and they've accepted it. I plan to do the same for PR. I will also show my checking account. Will you show checking and credit cards?

I wont be providing credit card details. I'm leaning towards not submitting my checking account either. 401k exceeds the 12000CAD limit so I should be all set, I hope!

 

[cowbeepbeep]

I wont be providing credit card details. I'm leaning towards not submitting my checking account either. 401k exceeds the 12000CAD limit so I should be all set, I hope!

Same here. I don't have a credit card with my brokerage, so I'm not going to complicate things with another set of documents.

 

[thisworks]

I have a feeling that Canadian IRCC treats US residents in a different way from somebody coming from, let's say, timbuktu.
And the same holds true for US Authorities treatment of Canadian residents.

 

[Cai21]

Hey guys, when submitting 401K, will current balance (online print out) and last quarter statement be ok? What are you submitting?

 

[mgnlky]

Hey guys, when submitting 401K, will current balance (online print out) and last quarter statement be ok? What are you submitting?

That is fine.

 

[mgnlky]

I have a feeling that Canadian IRCC treats US residents in a different way from somebody coming from, let's say, timbuktu.
And the same holds true for US Authorities treatment of Canadian residents.

Right or wrong, this is a true statement.

 

[cowbeepbeep]

For an update, I got my Ready for Visa/PPR email a few days ago. For POF I submitted only statement print outs from my brokerage for my 401(k) for the six months previous to my application. Seems to have been fine.

 

[thisworks]

My 401k balance was also accepted.

 

[cowbeepbeep]

Follow up: I got my GCMS notes. The analyst noted that my POF was from retirement funds (in all caps). The approving officer didn't seem to care as there were no further notes.

I landed yesterday and nothing was said about it. The CBSA officer didn't even ask for POF at landing.

 

[Alanksha]

Hi!! I am the primary applicant and my husband is the secondary applicant. Can I show his 401k as proof of funds? If yes, an online statement of 401k would be enough or should I take an official statement or letter from the organisation.

 

[TheLongRoad]

I showed checking account with around 75% of the funds and for the remaining I got a letter from 401k managing firm about vested balance. However, I received a document request to provide proof from 401k managing firm that the funds are available and transferable!!!!!!

 

[tpvr]

I showed checking account with around 75% of the funds and for the remaining I got a letter from 401k managing firm about vested balance. However, I received a document request to provide proof from 401k managing firm that the funds are available and transferable!!!!!!

Hi ,Were your POF accepted with this arrangement ? I am planning on doing the same with my POF. I have 75% in my savings account and the rest in the plan to show my 401k.

 

[NivedhithaCibi]

Same here. I don't have a credit card with my brokerage, so I'm not going to complicate things with another set of documents.

Can anyone confirm if i can just use my 401 K as POF? I have around USD 20 K in 401 K but can withdraw only half of it without quitting my company which is less than the minimum funds required , pls advise if i should show any gift deed etc instead of 401 k