British Expats - Search Results

Search: Posts Made By: becks_r

Showing results 1 to 4 of 4
Search took 0.21 seconds.

Forum: Canada

May 28th 2017, 6:57 pm

Replies: 143

READ ME. PENSION RULES UK to Canada

Views: 54,002

Posted By becks_r

Re: READ ME. PENSION RULES UK to Canada

I think it depends on the type of pension you have, and who with! I had multiple pensions and I could have taken 100% of the money out of a couple of them, but others wouldn't allow that. I phoned...

Forum: Canada

May 28th 2017, 3:53 pm

Replies: 143

READ ME. PENSION RULES UK to Canada

Views: 54,002

Posted By becks_r

Re: READ ME. PENSION RULES UK to Canada

I think you are right, but I was told that taking more than 25% does have huge tax implications. So I was advised to take 25% tax free out and put the rest into one flexible drawdown pension, still...

Forum: Canada

May 27th 2017, 5:58 pm

Replies: 143

READ ME. PENSION RULES UK to Canada

Views: 54,002

Posted By becks_r

Re: READ ME. PENSION RULES UK to Canada

This is exactly what I got told in by my US accountant - if the pension amount isn't subject to tax in UK, then it isn't subject to tax in USA. I also didn't transfer all the 25% over to me in US, I...

Forum: Canada

May 18th 2017, 3:40 am

Replies: 143

READ ME. PENSION RULES UK to Canada

Views: 54,002

Posted By becks_r

Re: READ ME. PENSION RULES UK to Canada

I went through this with accountants and financial advisors both in UK and USA. One of the problems with discussing pensions is the use of the words 'lump sum'. In UK we talk about taking a lump sum...

Showing results 1 to 4 of 4