Tag: retirement planning
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How Proposed Regulatory Changes Could Boost Your Retirement Savings
Investors Need To Understand Fees And Get Big-Picture Advice Regardless, Financial Planner Says Investors who count on their retirement accounts to see them through their golden years sometimes find that those savings add up to less than anticipated. One reason: Broker fees they either didn’t realize they were paying, or which were higher than need…
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Retirement Plans Can Be Imperiled When Long-Term Care Needs Arise
Savings Are Depleted Quickly If Not Properly Protected There’s a tendency to give a silent cheer any time the average life expectancy grows a little longer. But long life also has its downsides. “Not everyone will spend all of their retirement years being active and doing all the fun things they planned,” says Mark Cardoza,…
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A Recognized, Registered and Regulated Foreign Retirement Plan
O.E.C.D. Income Tax Deferred Overseas Retirement Plan. Internationally there are occupational retirement plans. The International Organization of Pension Supervisors (IOPS) covers this whole area, and also if you look at the E.U. Directive itself the whole idea behind these laws and legal concepts is primarily to do with people’s work. It is in regards to…
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Move your IRA to an Offshore Investment Account
Transfer your USA IRA to a Registered Foreign Account The purpose is to transfer assets of a USA qualified retirement plan to a non-U.S. investment account, recognized by the IRS and FATCA, without a change to current tax consequence (Ordinary IRA or Roth IRA). This delivers to a U.S. person: Tax-free transfer of his retirement…
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Top 20 Best Foreign Retirement Havens
Most foreign pension plans are likely characterized as trusts for U.S. tax purposes. Neither the statute nor the regulations define the term “employees’ trust.” However, if a foreign pension (i.e., the trust): (i) was created by a foreign employer, (ii) is administered by the foreign employer, and (iii) is more than half funded by the…
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IRC 402(b) Foreign Regulated, Registered and Recognized Retirement Plan
In response to the single most common question we’re asked at Invest Offshore: I would like to take funds out of the country, going through the regular channels and obtaining tax clearance, to invest with an offshore bank or banks via platforms for investing in overseas markets. What options do I have as an investor…
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USA pension plan 401k vs. 402b
The 401(k) compared to the 402(b) Foreign Retirement Plan With a 401k your employer will match your contribution to their pension plan up to 15% to a maximum of a set value. If you want your money back you must pay a 10% penalty up to age 59.5 years and declare the entire sum as…
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4 Best Reasons to Invest Offshore
There is no reason for your advisor to have ever heard of a regulated asset protection structure (RAPS). US advisors do not study this area of law and consequently do not advise on foreign retirement plan law. However, an IRC 402(b) Foreign Retirement Fund (RAPS) allows your assets to be held tax deferred for which…
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Offshore Investing Strategy for Americans
There is no U.S. law that disallows a U.S. person from investing into a Foreign Retirement Fund that has a Government Regulated Fiduciary, is a registered foreign retirement plan and where the jurisdiction accommodates persons that may not live in that jurisdiction. This is at the very core of the Regulator Asset Protection Structure (RAPS).…