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URL:  http://boards.fool.com/401kits-complicated-30750872.aspx

Subject:  401K/it's complicated! Date:  6/26/2013  3:43 PM
Author:  ChristiTX Number:  118756 of 121219

I'm working as a contractor overseas. I don't pay federal taxes, claiming Foreign Earned Income Exclusion. My dh and I file jointly, so maxing out my IRA always gets me a return. Now being over 55 (better late than never), I want to put away more using a 401K I've recently become eligible for with my employer. Here's my question: am I wrong that if I invest the additional funds into my company's Roth 401K, I won't pay the taxes since I am claiming Foreign Earned Income Exclusion? I found this: http://www.irs.gov/Individuals/International-Taxpayers/Indiv...
- but I'm not sure I understand. Can anyone explain?
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