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A comment on FATCA Pushes “Accidental” Americans to Give Up US Citizenship. Parent comment

Re:FATCA Pushes “Accidental” Americans to Give Up US Citizen... by aroberge on Sunday December 27, 2020 @11:49AM (#25552245)
This is an overgeneralization that is clearly incorrect in some cases. Just a quick example for Canadians, from [1]:

> Usually, it is best for United States citizens to not hold TFSAs since the costs of tax reporting and compliance usually exceed any benefits.

There is no US equivalent for TFSA.

[1] https://www.taxesforexpats.com/articles/retirement/simple-us...

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Re:FATCA Pushes “Accidental” Americans to Give Up US Citizen... by MarkSweep on Sunday December 27, 2020 @12:12PM (#25552434)
It sounds very similar to a Roth IRA, the very account type mentioned by the GP. (Though the roll over and lack of income limits make it more accessible)
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