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Search: Posts Made By: nearpost1
Showing results 1 to 25 of 90
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Forum: USA
Jan 26th 2020, 3:53 pm
Replies: 1,834
Views: 535,982
Posted By nearpost1

Re: UK state pension and USA social security

ButWhy, if SSA apply the W.E.P. To your social security check, the reduction will be no more than 50% of your weekly U.K. Pension.
Forum: USA
Jan 9th 2020, 5:42 pm
Replies: 2
Views: 753
Posted By nearpost1

Re: Tax deductibility of Vol NIC’s

Thank you for your response, it’s much appreciated. I intended to run all this by my tax preparer but wanted to get your thoughts first,

Happy New Year OAP.
Forum: USA
Dec 27th 2019, 11:19 pm
Replies: 2
Views: 753
Posted By nearpost1

Tax deductibility of Vol NIC’s

Merry Christmas and Happy New Year to all

sorry to start with an apology, but I’m about to ask a question I fear may have been answered on here already, but I can’t find it.

I made about £4,000...
Forum: USA
Feb 7th 2019, 5:17 pm
Replies: 1,834
Views: 535,982
Posted By nearpost1

Re: UK state pension and USA social security

o.k. That’s great. Seems I am confusing something I read, maybe what I read is from the old scheme where you only needed 30 years nic’s.
Forum: USA
Feb 7th 2019, 4:26 pm
Replies: 1,834
Views: 535,982
Posted By nearpost1

Re: UK state pension and USA social security

My concern would be that the dept of works and pensions would require you to have a minimum of 10/11 years NIC’s before being allowed to buy any more years.

of course you should call dwp as I may...
Forum: USA
Dec 18th 2018, 8:51 pm
Replies: 758
Views: 225,318
Posted By nearpost1

Re: Class 2 NI abolished. What about us poor expats paying voluntary contributio

This backlog info is very helpful. Dwp cashed my 30th and final unit (I reached 65 in September) back on October 12th. I’ve put in a couple of calls over the last 6 weeks, run the gauntlet of the...
Forum: The Trailer Park
Nov 25th 2018, 1:19 am
Replies: 33
Views: 4,322
Posted By nearpost1

Re: The future of exchange rate from pounds sterling to US $...any opinions?

Tough crowd in here today. Poster acknowledged they were guessing.
Forum: The Trailer Park
Nov 15th 2018, 2:59 am
Replies: 29
Views: 2,427
Posted By nearpost1

Re: Brexit & Air Travel

Are we headed for a second referendum? I can’t see the latest deal being acceptable to anyone in U.K. leave, or remain. It looks like what we had before the referendum but with less say in the...
Forum: USA
Oct 31st 2018, 10:57 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

Thanks Lansbury.

I just got off the phone with TransferWise, I’m sure they love me by now over there.

Anyway, the following has been confirmed to me. Yes indeed my funds are in either Wells...
Forum: USA
Oct 31st 2018, 10:15 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

May I just clarify one thing with you Lansbury, My TransferWise Account shows my account number and sort code and an address of Transferwise 56 Shoreditch High St. Shoreditch, London E 1 6JJ, United...
Forum: USA
Oct 31st 2018, 5:58 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

Thanks OAP, I will look into the rules for Washington State.

You know I’m sitting here, kicking myself, impossible I know, but I’m doing it figuratively. I keep on drifting away from my real...
Forum: USA
Oct 31st 2018, 2:32 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

Here is clarification for U.K. Residents:How is my money protected?
TransferWise is an Electronic Money Institution and is required by law to keep your money safe by storing it in a low-risk...
Forum: USA
Oct 31st 2018, 2:32 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

Sorry Mid Atlantic, I missed the first part of this post. It’s very encouraging that TWise say that. Regardless of the fact my funds are held in GBP, due to my domicile in USA and the fact I...
Forum: USA
Oct 31st 2018, 2:15 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

OAP
Thanks for info re reporting, which seems to support completing Fatca and the other irs form at tax time.

How or if my funds are protected from fraud still seems to be a murky issue only...
Forum: USA
Oct 30th 2018, 9:05 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

I am going to have to rely for on my common sense on this one, a hazardous endeavor😎, and do the same as you
Lansbury
Forum: USA
Oct 30th 2018, 8:42 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

up till now it was my intention to do fbar reporting and also the irs tax form “8000”something or other. Now, based on mid atlantic’s Thoughts, I’m wondering if the money is actually in the U.K. to...
Forum: USA
Oct 30th 2018, 8:39 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

how interesting. So when The sterling was electronically transferred from Lloyd’s of London (where my dads estates funds resided) to Transferwise in Shoreditch via TWise sort code and my borderless...
Forum: USA
Oct 30th 2018, 5:55 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

thanks, so no difference between online fraud at Transferwise and online fraud at TSB or Santander.

i just got off the phone with TWise, agent needs to research and get back to me. She stated they...
Forum: USA
Oct 30th 2018, 5:46 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

okay mrken. Just to put what you have written in perspective, does Moneybox draw any distinction between the fraud occurring at Transferwise (Barclays), and the fraud occurring at a High St bank....
Forum: USA
Oct 30th 2018, 5:19 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

So I found this, text is at the bottom. It makes clearer to me what Lansbury said earlier. If Barclays went bust I’m out of luck. May I infer from this though that if Transferwise went bust I’m...
Forum: USA
Oct 30th 2018, 4:35 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

Hi again. Well I live in the USA and opened my acct on line with Transferwise because I was anticipating receiving an inheritance from my Fathers solicitor back in London, where Dad lived. The money...
Forum: USA
Oct 30th 2018, 5:58 am
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

well I have a borderless account. With that information can you render an opinion on how you feel about TWise?

thanks
Forum: USA
Oct 30th 2018, 5:21 am
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

I put those numbers out there as a sort of guide for folks to express their confidence or lack thereof in Transferwise. Myself, I think I’m around 99% confident in them. When Mid Atlantic suggested I...
Forum: USA
Oct 30th 2018, 12:40 am
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

Apologies Lansbury, can you reword that for me as I don’t understand

Thanks
Forum: USA
Oct 29th 2018, 10:26 pm
Replies: 46
Views: 5,234
Posted By nearpost1

Re: UK pension transfer to USA

This is important to me as I am holding a large amount of sterling at Transferwise. At the time I opened the
account I recall learning that my money is not safeguarded quite as safely as an fdic...
Showing results 1 to 25 of 90
 
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