The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Rollover IRA from non-US pension fund||Date: 7/30/2001 11:34 AM|
|Author: webby9999||Number: 31054 of 81632|
I relocated to the US, from the UK, at the beginning of 2001 with my employer.
Prior to transferring I was paying into my employers pension plan. I have been trying to have these funds transferred into my 401K now that I am here in the USA.
My employer has now told me that this is not possible. So now I am investigating the opening of an IRA, into which I can transfer the funds from the UK.
I have established that I would need a CONDUIT (ROLLOVER) IRA in order to transfer the whole of the funds from the UK (greater than $2,000).
Does anyone know of any regulations that would prevent my rolling my UK fund into a US IRA?
Thanks for any help / assistance / advice,
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|