Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Even for foreign nationals, the 401k is a sweet deal.<<<<<<<<<<<

That is true for US taxes - it might also be true for your home country too but you cannot be certain. The earlier response says you need to check with people there familiar with the tax issue there. Many jurisdictions have very different tax schemes for retirement plans and you might be surprised at what they may do (you may be subject to tax on them right now even if they are tax deferred in the US for instance). Of course, many other jurisdictions have a different view point about voluntary compliance with the administration of taxes so who knows what you'll ultimately be liable for.
Print the post  


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.
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.