UK Expat in the USA

GulliverTravelled

I an expat in the USA and coming up on my 55th birthday in April, I would like to buy a home and aim to take 25% of my UK based personal pension plan held by Zurich. I guess my question is how easily can i transfer this 25% funds from my UK pension to my US bank? US tax implications? Or does the UK US Pension agreement see me good?

Thanks for any help in advance!

Marcon

Should be easy enough to transfer unless the terms of your pension stipulate it must be paid to a UK account - check with the provider.

This looks as good a guide as any to tax: https://www.shipit.co.uk/blog/guides/usa/pensions-in-the-us.htm

DairyQueen

@bostonerimus should be able to help. He is very knowledgeable on US ex-pat matters but I note that he hasn't been on the board since November. Hope he is OK and stops by soon.