Category: retirement-planning
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What happens to US retirements accounts when living abroad
US citizens’ retirement planning often involves 401(k)s, Traditional IRAs, and Roth IRAs. This post discusses managing these accounts while residing abroad. Retaining these accounts is feasible, and rolling over 401(k)s to Traditional IRAs is recommended. Contributing to Traditional IRAs while abroad may have tax implications, but Roth IRAs may still be a viable option. Withdrawals…