Taking 401K pension in UK
May 6th 2008, 6:20 pm
#1
Just Joined
Thread Starter
Joined: May 2008
Location: Allentown, PA
Posts: 1
Taking 401K pension in UK
Does anyone know the tax implications if I retire to the UK and have my 401K pension wired to my UK bank account.
Thanks in advance.
Thanks in advance.
May 7th 2008, 10:49 pm
#2
In sunny Calif
Joined: Sep 2006
Posts: 53
Re: Taking 401K pension in UK
I think you will be taxed on the interest from it if you are a UK resident.
See the rates and other info here
http://www.hmrc.gov.uk/rates/it.htm
See the rates and other info here
http://www.hmrc.gov.uk/rates/it.htm
