IRA Deadlines for 2018

US IRA Deadlines for 2018

Posted Leave a commentPosted in Retirement

Spring is here, Easter is this weekend, and April starts next week, which for Americans may all serve as reminders of the April 15th (April 17th in 2018) tax filing deadline for US taxes. Even if you are taking an extension to file your 2017 US tax return, remember that you may still need to […]

IRA Contribution Limits 2018

IRA Contribution Limits 2018 – SEP raised to $55,000

Posted Leave a commentPosted in Personal finance

IRA contribution limits have remained mostly the same from 2017 to 2018, with traditional and Roth IRA contributions limited to US$5,500/year for US taxpayers under 50, and US$6,500/year for those 50 and older.  To make a Roth IRA contribution, your adjusted gross income (AGI) needs to be below US$120,000 for single taxpayers with an AGI […]

Vintage ad for a convertible car: more romantic than considering Roth conversions as an expat?

Roth conversions as an expat: if, when and how much?

Posted Leave a commentPosted in Personal finance

Considering Roth conversions as an expat is similar to considering if, when, and how much to do one when living in the US. A Roth conversion turns a traditional IRA (on which you may have already gotten a tax deduction, but will need to pay tax when you withdraw at retirement) into a Roth IRA […]

401k rollover to an IRA investment account

How to do a 401k rollover to an IRA as an expat

Posted Leave a commentPosted in Personal finance

After changing jobs, or even getting posted on an expat assignment by the same company, employees generally have the freedom to do a 401k rollover of their retirement savings account to an IRA account at their choice of brokerage firm or mutual fund company.  Doing a 401k rollover to an IRA, and consolidating all your […]

IRA Contribution Limits 2018

8 Questions Most American Expats Should Ask Every Year About IRAs and Retirement Savings

Posted Leave a commentPosted in Personal finance, Saving

In the US, many employees have 401(k) plans that automatically deduct a significant portion of their salaries into a tax-advantaged retirement account.  Many 401(k) plans only allow these savings to be invested in a limited selection of mutual funds, and some 401(k) plans only offer expensive, poorly performing funds rather than low-cost index funds or […]