Search results

@cross_product Thanks. From a regular investing perspective though does the advice cover steps to take to help hedge currency risks for expats? For example recommendations for fund that help with that versus generic USA funds?

@cross_product From an expat perspective (for example I'm a USA citizen/U.K. citizen living in U.K.) what did planvision offer from a tax advantaged planning perspective? My understanding is they're good but very "stick money in these 3 funds" USA resident centric? Can they answer more complex...

@chamberlain94 One other question though - does any IRA (say Fidelity) allow you to do large conversions from its IRA to one of its Roth IRA's each year? Like I say I've been moving $8k per year from general savings to my Fidelity IRA and then rolling it right into a Roth IRA but I've not looked...

@chamberlain94 I use the same so you're saying because we pay MORE tax than the USA would have charged us on the 100k GBP income (way more!) thus UK doesn't see the $29k as income as its just one pension "pot" moving to another pension "pot" and then US will only tax the $29k since the 100k GBP...

@chamberlain94 So you're saying that: a) UK won't tax the conversion from 401k/IRA to Roth since its just shifting money from one pension pot to another in HMRC view? b) USA will tax the transfer since 401k/IRA is pre-tax contributions and Roth IRA is post tax so they'll tax the conversion...

@chamberlain94 Does the uk not tax the distribution pulled from the 401k to the Roth Ira? Can't you only transfer $7000 ($8000 if over 50) into a Roth each year? I want to do the same as think but I thought I needed to wait until fully stop work and my income is $0 so I can could do it with...