British Expats

British Expats (https://britishexpats.com/forum/)
-   USA (https://britishexpats.com/forum/usa-57/)
-   -   401K to Super -> E-3 holders (https://britishexpats.com/forum/usa-57/401k-super-e-3-holders-716200/)

masky May 9th 2011 4:14 am
401K to Super -> E-3 holders
 
Guys and girls,

Does anyone know if the 401K sum (in any form) is transferable to Australia? failed to find even one useful page on the Internet with a definite answer or experience".

Thank you in advance

md95065 May 9th 2011 6:35 am
Re: 401K to Super -> E-3 holders
 
Well, you can always withdraw the money and pay the 10% penalty and the taxes but there is no way that I am aware of that you can transfer the money outside of the US while still preserving its US tax deferred status.

ian-mstm May 9th 2011 12:23 pm
Re: 401K to Super -> E-3 holders
 
Originally Posted by md95065 (Post 9351882)
Well, you can always withdraw the money and pay the 10% penalty and the taxes but there is no way that I am aware of that you can transfer the money outside of the US while still preserving its US tax deferred status.
+1.

Ian

masky May 10th 2011 3:02 am
Re: 401K to Super -> E-3 holders
 
Well, at the end of the day...the left over would be more than nothing...:unsure:

paddingtongreen May 10th 2011 3:10 am
Re: 401K to Super -> E-3 holders
 
Originally Posted by masky (Post 9351701)
Guys and girls,

Does anyone know if the 401K sum (in any form) is transferable to Australia? failed to find even one useful page on the Internet with a definite answer or experience".

Thank you in advance
What the others said, except, maybe, how old are you?
Do you want to close the door on coming back here?

Borrow to the max and take the cash with you. Of course, they might send a hit squad after you.


All times are GMT. The time now is 1:11 am.

Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.