401K to Super -> E-3 holders
#1
Just Joined
Thread Starter
Joined: Apr 2011
Posts: 28
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
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
#2
BE Forum Addict
Joined: Mar 2008
Location: Santa Cruz, CA
Posts: 4,913
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.
#4
Just Joined
Thread Starter
Joined: Apr 2011
Posts: 28
Re: 401K to Super -> E-3 holders
Well, at the end of the day...the left over would be more than nothing...
#5
Re: 401K to Super -> E-3 holders
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.