Transfer my UK pension to my 401(k)?
Jun 5th 2002, 1:20 am
#1
Guest
Posts: n/a
Transfer my UK pension to my 401(k)?
Does anyone know how I can go about transferring an old personal pension from the UK
to my current US 401(k) program. My UK pension people say they can do it, but my
401(k) people say they can't (or at least, don't know how to do it). Thanks.
to my current US 401(k) program. My UK pension people say they can do it, but my
401(k) people say they can't (or at least, don't know how to do it). Thanks.
Jun 5th 2002, 10:20 am
#2
Guest
Posts: n/a
Re: Transfer my UK pension to my 401(k)?
I don't think you can do it because that would be a HUGE tax mess. For that
matter, it often is difficult even to transfer a 401(k) from one employer to
another within the US.
I'm not familiar with UK pension plans at all, but the general idea should be that
you keep it separately in whatever UK account you may have, and when the time comes
you draw your funds from that.
Ingo
On Tue, 4 Jun 2002 17:24:34 -0700, "neilrc" <[email protected]> wrote:
>Does anyone know how I can go about transferring an old personal pension from the UK
>to my current US 401(k) program. My UK pension people say they can do it, but my
>401(k) people say they can't (or at least, don't know how to do it). Thanks.
>
>
I am not a lawyer and this is not legal advice. For reliable advice, please consult
with a professional immigration attorney.
For further information, check the following frequently-requested links.
For many questions, you may find answers at
http://travel.state.gov/visa_services.html (Department of State)
or http://ins.usdoj.gov (INS).
For consular policies and visa reciprocity fees, find your consulate in
http://travel.state.gov/links.html
For visa denial and suggestions what to do about them, see
http://travel.state.gov/visadenials.html
For DOL Online Labor Certification: http://workforcesecurity.doleta.gov/
For information on affidavit of support for marriage to US citizens (I-864), go to
http://travel.state.gov/i864gen.html and http://travel.state.gov/checklist.html
For information on entering the US as a K-1: http://www.k1poelist.com/
For poverty levels, see http://aspe.os.dhhs.gov/poverty/00poverty.htm
For information on H/L/O/P visa extensions at Dept. of State in St. Louis, MO, see
http://travel.state.gov/revals.html
For non-official information, check:
(When using these sites, and any Web sites, please watch out for privacy, as I do not
know all site operators.)
http://www.visalaw.com http://www.shusterman.com http://www.immigration.com
http://members.aol.com/MDUdall http://www.murthy.com/ http://www.richw.org/dualcit/
(dual citizenship FAQ) http://www.ilw.com http://www.srs-usvisa.com
http://www.getusavisa.com http://greencard-lottery.virtualave.net/
http://www.jcvisa.com (H-1B) http://www.h1bresources.com (marriage and fiancee)
http://www.kamya.com/misc/ (marriage and fiancee)
http://www.mindspring.com/~docsteen/...o/visainfo.htm http://www.workpermit.com
This is not an endorsement of any of these Web sites. I am not affiliated with any of
the Web site owners and do not receive nor accept payment in return for listing them,
and typically don't even know them.
(if believe you have a good immigration-related Web site and want your Web site
listed here, please e-mail me).
matter, it often is difficult even to transfer a 401(k) from one employer to
another within the US.
I'm not familiar with UK pension plans at all, but the general idea should be that
you keep it separately in whatever UK account you may have, and when the time comes
you draw your funds from that.
Ingo
On Tue, 4 Jun 2002 17:24:34 -0700, "neilrc" <[email protected]> wrote:
>Does anyone know how I can go about transferring an old personal pension from the UK
>to my current US 401(k) program. My UK pension people say they can do it, but my
>401(k) people say they can't (or at least, don't know how to do it). Thanks.
>
>
I am not a lawyer and this is not legal advice. For reliable advice, please consult
with a professional immigration attorney.
For further information, check the following frequently-requested links.
For many questions, you may find answers at
http://travel.state.gov/visa_services.html (Department of State)
or http://ins.usdoj.gov (INS).
For consular policies and visa reciprocity fees, find your consulate in
http://travel.state.gov/links.html
For visa denial and suggestions what to do about them, see
http://travel.state.gov/visadenials.html
For DOL Online Labor Certification: http://workforcesecurity.doleta.gov/
For information on affidavit of support for marriage to US citizens (I-864), go to
http://travel.state.gov/i864gen.html and http://travel.state.gov/checklist.html
For information on entering the US as a K-1: http://www.k1poelist.com/
For poverty levels, see http://aspe.os.dhhs.gov/poverty/00poverty.htm
For information on H/L/O/P visa extensions at Dept. of State in St. Louis, MO, see
http://travel.state.gov/revals.html
For non-official information, check:
(When using these sites, and any Web sites, please watch out for privacy, as I do not
know all site operators.)
http://www.visalaw.com http://www.shusterman.com http://www.immigration.com
http://members.aol.com/MDUdall http://www.murthy.com/ http://www.richw.org/dualcit/
(dual citizenship FAQ) http://www.ilw.com http://www.srs-usvisa.com
http://www.getusavisa.com http://greencard-lottery.virtualave.net/
http://www.jcvisa.com (H-1B) http://www.h1bresources.com (marriage and fiancee)
http://www.kamya.com/misc/ (marriage and fiancee)
http://www.mindspring.com/~docsteen/...o/visainfo.htm http://www.workpermit.com
This is not an endorsement of any of these Web sites. I am not affiliated with any of
the Web site owners and do not receive nor accept payment in return for listing them,
and typically don't even know them.
(if believe you have a good immigration-related Web site and want your Web site
listed here, please e-mail me).
Jun 5th 2002, 4:20 pm
#3
Guest
Posts: n/a
Re: Transfer my UK pension to my 401(k)?
My brother works for AXA Financial, a financial company based out of France with
locations around the world. I know AXA has experience with these types of issues, so
he may be able to give you some advice and guidance.
If you would like to contact him, the easiest e-mail to reach him at is
[email protected].
Regards,
Andrew M. Wilson, Esq. Serotte, Reich & Seipp, LLP [email protected]
"neilrc" <[email protected]> wrote in message
news:<eaK9kiCDCHA.2020@cpimsnntpa03>...
> Does anyone know how I can go about transferring an old personal pension from the
> UK to my current US 401(k) program. My UK pension people say they can do it, but my
> 401(k) people say they can't (or at least, don't know how to do it). Thanks.
locations around the world. I know AXA has experience with these types of issues, so
he may be able to give you some advice and guidance.
If you would like to contact him, the easiest e-mail to reach him at is
[email protected].
Regards,
Andrew M. Wilson, Esq. Serotte, Reich & Seipp, LLP [email protected]
"neilrc" <[email protected]> wrote in message
news:<eaK9kiCDCHA.2020@cpimsnntpa03>...
> Does anyone know how I can go about transferring an old personal pension from the
> UK to my current US 401(k) program. My UK pension people say they can do it, but my
> 401(k) people say they can't (or at least, don't know how to do it). Thanks.
Jun 6th 2002, 5:20 am
#4
Guest
Posts: n/a
Re: Transfer my UK pension to my 401(k)?
Thank you very much indeed! 
"Andrew M. Wilson" <[email protected]> wrote in message
news:[email protected]...
> My brother works for AXA Financial, a financial company based out of France with
> locations around the world. I know AXA has experience with these types of issues,
> so he may be able to give you some advice and guidance.
>
> If you would like to contact him, the easiest e-mail to reach him at is
> [email protected].
>
> Regards,
>
> Andrew M. Wilson, Esq. Serotte, Reich & Seipp, LLP [email protected]
>
>
>
> "neilrc" <[email protected]> wrote in message
news:<eaK9kiCDCHA.2020@cpimsnntpa03>...
> > Does anyone know how I can go about transferring an old personal pension from the
> > UK to my current US 401(k) program. My UK pension people say
they
> > can do it, but my 401(k) people say they can't (or at least, don't know
how
> > to do it). Thanks.
"Andrew M. Wilson" <[email protected]> wrote in message
news:[email protected]...
> My brother works for AXA Financial, a financial company based out of France with
> locations around the world. I know AXA has experience with these types of issues,
> so he may be able to give you some advice and guidance.
>
> If you would like to contact him, the easiest e-mail to reach him at is
> [email protected].
>
> Regards,
>
> Andrew M. Wilson, Esq. Serotte, Reich & Seipp, LLP [email protected]
>
>
>
> "neilrc" <[email protected]> wrote in message
news:<eaK9kiCDCHA.2020@cpimsnntpa03>...
> > Does anyone know how I can go about transferring an old personal pension from the
> > UK to my current US 401(k) program. My UK pension people say
they
> > can do it, but my 401(k) people say they can't (or at least, don't know
how
> > to do it). Thanks.
Jun 6th 2002, 4:25 pm
#5
Guest
Posts: n/a
Re: Transfer my UK pension to my 401(k)?
Ingo Pakleppa wrote:
>
> I don't think you can do it because that would be a HUGE tax mess. For that
> matter, it often is difficult even to transfer a 401(k) from one employer to
> another within the US.
>
I don't think transferring 401K from one US employer is a big deal. I have done
it.You merely close the 401K account with the previous employer and take a check for
the amount and deposit it into the new employers 401K
>
> I don't think you can do it because that would be a HUGE tax mess. For that
> matter, it often is difficult even to transfer a 401(k) from one employer to
> another within the US.
>
I don't think transferring 401K from one US employer is a big deal. I have done
it.You merely close the 401K account with the previous employer and take a check for
the amount and deposit it into the new employers 401K
Jun 7th 2002, 1:20 pm
#6
Guest
Posts: n/a
Re: Transfer my UK pension to my 401(k)?
On Thu, 06 Jun 2002 10:11:52 -0400, [email protected] wrote:
>
>
>Ingo Pakleppa wrote:
>>
>> I don't think you can do it because that would be a HUGE tax mess. For that
>> matter, it often is difficult even to transfer a 401(k) from one employer to
>> another within the US.
>>
>I don't think transferring 401K from one US employer is a big deal. I have done
>it.You merely close the 401K account with the previous employer and take a check for
> the amount and deposit it into the new employers 401K
Not all employers allow it. Also, such a rollover can be tricky - the biggest
challenge is that the first employer will withhold taxes and penalty from the check,
but you'll need to contribute the full amount
- more than the amount of the check - to the new 401(k). If you want to avoid that,
you'd have to arrange for a direct transfer from the old to the new 401(k) and
never take a check yourself.
Ingo
I am not a lawyer and this is not legal advice. For reliable advice, please consult
with a professional immigration attorney.
For further information, check the following frequently-requested links.
For many questions, you may find answers at
http://travel.state.gov/visa_services.html (Department of State)
or http://ins.usdoj.gov (INS).
For consular policies and visa reciprocity fees, find your consulate in
http://travel.state.gov/links.html
For visa denial and suggestions what to do about them, see
http://travel.state.gov/visadenials.html
For DOL Online Labor Certification: http://workforcesecurity.doleta.gov/
For information on affidavit of support for marriage to US citizens (I-864), go to
http://travel.state.gov/i864gen.html and http://travel.state.gov/checklist.html
For information on entering the US as a K-1: http://www.k1poelist.com/
For poverty levels, see http://aspe.os.dhhs.gov/poverty/00poverty.htm
For information on H/L/O/P visa extensions at Dept. of State in St. Louis, MO, see
http://travel.state.gov/revals.html
For non-official information, check:
(When using these sites, and any Web sites, please watch out for privacy, as I do not
know all site operators.)
http://www.visalaw.com http://www.shusterman.com http://www.immigration.com
http://members.aol.com/MDUdall http://www.murthy.com/ http://www.richw.org/dualcit/
(dual citizenship FAQ) http://www.ilw.com http://www.srs-usvisa.com
http://www.getusavisa.com http://greencard-lottery.virtualave.net/
http://www.jcvisa.com (H-1B) http://www.h1bresources.com (marriage and fiancee)
http://www.kamya.com/misc/ (marriage and fiancee)
http://www.mindspring.com/~docsteen/...o/visainfo.htm http://www.workpermit.com
This is not an endorsement of any of these Web sites. I am not affiliated with any of
the Web site owners and do not receive nor accept payment in return for listing them,
and typically don't even know them.
(if believe you have a good immigration-related Web site and want your Web site
listed here, please e-mail me).
>
>
>Ingo Pakleppa wrote:
>>
>> I don't think you can do it because that would be a HUGE tax mess. For that
>> matter, it often is difficult even to transfer a 401(k) from one employer to
>> another within the US.
>>
>I don't think transferring 401K from one US employer is a big deal. I have done
>it.You merely close the 401K account with the previous employer and take a check for
> the amount and deposit it into the new employers 401K
Not all employers allow it. Also, such a rollover can be tricky - the biggest
challenge is that the first employer will withhold taxes and penalty from the check,
but you'll need to contribute the full amount
- more than the amount of the check - to the new 401(k). If you want to avoid that,
you'd have to arrange for a direct transfer from the old to the new 401(k) and
never take a check yourself.
Ingo
I am not a lawyer and this is not legal advice. For reliable advice, please consult
with a professional immigration attorney.
For further information, check the following frequently-requested links.
For many questions, you may find answers at
http://travel.state.gov/visa_services.html (Department of State)
or http://ins.usdoj.gov (INS).
For consular policies and visa reciprocity fees, find your consulate in
http://travel.state.gov/links.html
For visa denial and suggestions what to do about them, see
http://travel.state.gov/visadenials.html
For DOL Online Labor Certification: http://workforcesecurity.doleta.gov/
For information on affidavit of support for marriage to US citizens (I-864), go to
http://travel.state.gov/i864gen.html and http://travel.state.gov/checklist.html
For information on entering the US as a K-1: http://www.k1poelist.com/
For poverty levels, see http://aspe.os.dhhs.gov/poverty/00poverty.htm
For information on H/L/O/P visa extensions at Dept. of State in St. Louis, MO, see
http://travel.state.gov/revals.html
For non-official information, check:
(When using these sites, and any Web sites, please watch out for privacy, as I do not
know all site operators.)
http://www.visalaw.com http://www.shusterman.com http://www.immigration.com
http://members.aol.com/MDUdall http://www.murthy.com/ http://www.richw.org/dualcit/
(dual citizenship FAQ) http://www.ilw.com http://www.srs-usvisa.com
http://www.getusavisa.com http://greencard-lottery.virtualave.net/
http://www.jcvisa.com (H-1B) http://www.h1bresources.com (marriage and fiancee)
http://www.kamya.com/misc/ (marriage and fiancee)
http://www.mindspring.com/~docsteen/...o/visainfo.htm http://www.workpermit.com
This is not an endorsement of any of these Web sites. I am not affiliated with any of
the Web site owners and do not receive nor accept payment in return for listing them,
and typically don't even know them.
(if believe you have a good immigration-related Web site and want your Web site
listed here, please e-mail me).
