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swiss-list: 401K - transfer US to CH

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From: Alexandre Pauchard (click for textversion of email address )
Date: Tue Jun 05 2001 - 17:39:26 PDT

Dear Swiss-listers,

Does anyone know the answer to the following question:

You enroll in a 401K program, stay in the US for x years, and then go back
to Europe. Can you leave the contributed amount in a 401K program until your
retirement age, and then have this amount transferred on a US or Swiss bank
account ? Or do you have the obligation to withdraw the money when you leave
the US (well, what's left after tax and penalty deductions...) ? And what
about IRA's ?

Thanks for any useful information on that matter,

Alexandre Pauchard,
Nova Crystals, Inc.
San Jose, CA

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