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DISCLAIMER: Any opinion expressed by a contributor is to be considered his/her own personal opinion, not the opinion of any other swiss-list member, the swiss-list website managers or the swiss-list committee.
G'day everyone,
A posting regarding 401 k issues. I've been browsing the mail list, and
haven't found a lost of postings regarding this topics. Having joined a US
company in California, I have been offered a 401 k plan. I have
nevertheless a couple of questions related to tax issues and plan
maintenance.
I do not plan to stay in the us until i retire ... If I'm not mistaken, i
could either take all my money out of the plan when i move back to
switzerland, or leave it in the us and take it out when i retire. I
understand that if i take my money out before i retire, i'm going to have to
pay lots of taxes for that. I could thus leave it in the us, yet i'd prefer
to convert it to a swiss pension fund.
My questions:
- How have you/swiss/non-us people been treating this issue ?
- What do you recommend ?
- Is it possible to transfer 401K to a Swiss pension system ?
- How do you maintain it after leaving US ?
Regards,
/ laurent
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Received on Thu Sep 21 2000 - 10:24:06 PDT