No. of Recommendations: 0
I'm currently 20 years old and enrolled in college domestically. I'm interested in setting up a Roth IRA account. However, my concern is if I choose to live/work internationally at some other point in time during my life, what happens to my Roth IRA? If I was no longer a US citizen, would I have to close my Roth IRA, and if I wanted to transfer the account overseas, would I be able to do so?

If so, would I be subject to fees? (assuming perhaps, that I'm not over the age of 59 1/2, but I'm no longer a US citizen paying US income tax)

I'd appreciate any help or advice. :)
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement