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UK Expat in the USA
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GulliverTravelled
Posts: 6 Forumite
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!
Thanks for any help in advance!
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Comments
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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.htmGoogling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0 -
@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.2
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