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I am a 40 year old UK person confused about USA retirement!

In the UK the limits for ROTHs (called PEPs are ~ $15K each per year) and you can put a further 20% of your income into a tax deferred PPP (Personal Pension Plan) - IRA?. Although you may not have enough money left to be able to eat if you made all of these tax break contributions!

What options do I have to save for a retirement in the USA? My employer offers a DCP (which is not protected and is taxed as salary if I leave them) - they do not offer a 401K because I am outside of the salary limits for the 401K program.

I am putting $2K a year in each of my and my spouses Roth IRAs, but I would like to save more.

At the moment the remainder of my savings are being put into a regular brokage account for the taxman to get fat on.

Am I really limited to saving $4K a year with tax breaks?

I wonder if I could contribute to a UK pension even though I live in the USA? I do get a small income from a holiday home the UK, albeit a small amount.

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