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International Investing / Australia (All-Ordinaries)


Subject:  Superannuities to IRAs? Date:  5/25/2012  10:49 PM
Author:  AlexeiVronsky Number:  6182 of 6186

Hello Fools
I wasn't sure what other board to put this on so I thought someone here might know and it doesn't look like even has discussion boards. Basically I just got married a couple months ago and my wife's superannuity account seems terrible but I don't know how to get the money out. I took the money out of my 401k to invest myself, though I don't see any similar option for superannuities.

The only thing I see is the self managed supers which seem to require too much money in audits and everything for the relatively meager amount in her super account. Is there a method whereby she can withdraw the money in her super to put it into an american IRA or is there something similar that won't have a huge drain in fees to manage the money?

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