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Individuals living overseas are not able to contribute to some U.S. retirement vehicles such as a ROTH IRA. What alternatives can expatriate U.S. citizens use to save for their retirement back in the United States?

Expatriate Retirement Plans
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Tax Professional Answers

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Chuck Heyde, CPA, CGMA
I always recommend my taxpayers to contribute as much as they can to their 401(k).

Other than that - there are NO tax preferential vehicles available to you.

Best regards,
Chuck Heyde, CPA, CGMA
www.GEMMS.us
Leave a Comment 397 weeks ago

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Virginia La Torre Jeker, J.D.
I would like to comment by adding to Chuck Heyde's answer. Chuck's answer ended with these words: "Other than that - there are NO tax preferential vehicles available to you."

US persons living overseas often make the BIG mistake in investing in offshore products (such as foreign mutual funds and the like) that are completely unsuitable from a US tax perspective. Such clients often tell me they are looking to these investments as a type of retirement savings. They are devastated to learn of the tax consequences. You can read more about this on my tax blog posting here. http://blogs.angloinfo.com/us-tax/2012/04/23/us-tax-disaster-offshore-funds-life-policies-portfolio-bonds/

Virginia La Torre Jeker, J.D. vjeker@eim.ae
Leave a Comment 382 weeks ago


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