Pension and Retirement Planning
At Peregrine & Black US, we understand that managing your retirement assets across borders can be challenging, especially for US expats. Whether you’ve accumulated a 401(k) during your time working in the US or have set up IRAs (Individual Retirement Accounts) such as Traditional or Roth IRAs, we provide a comprehensive platform to help you manage and grow these accounts effectively.
401(k) Plans
A 401(k) is a powerful retirement savings tool, often funded through employer-sponsored contributions. However, once you’ve left the US, managing and optimizing your 401(k) can become complex due to the limitations and tax implications for non-resident holders. We provide expert guidance on how to consolidate, roll over, or manage your 401(k) plan, ensuring it aligns with your broader financial goals and tax obligations in your country of residence. Whether you're planning to leave your 401(k) as is, roll it over into an IRA, or integrate it with your global investment strategy, we work with your US tax advisors to ensure compliance with both IRS and international tax regulations.
IRA and Roth IRA Accounts
IRAs are tax-advantaged investment accounts that offer significant benefits for retirement savings, with Traditional IRAs allowing for tax-deductible contributions and Roth IRAs offering tax-free growth and withdrawals. As a US expat, you may continue to hold or contribute to these accounts, but there are often additional reporting requirements and tax considerations when living abroad.
We offer a tailored investment management service for your IRA and Roth IRA accounts, helping you navigate contribution limits, required minimum distributions (RMDs), and potential tax liabilities. Our team collaborates with tax professionals to ensure that your retirement strategy maximizes the benefits of these accounts while complying with US and local tax laws.
Optimizing Your Retirement Portfolio
IWhether you're consolidating multiple retirement accounts or seeking to maximize the tax efficiency of your existing 401(k) or IRA, our personalized approach ensures that your investments are aligned with your risk tolerance, time horizon, and long-term financial objectives. We offer:
Rollover Services: Assistance with transferring 401(k) assets into IRAs, ensuring tax-efficient strategies while maintaining the flexibility of your investments.
Investment Customization: Tailored investment portfolios designed to maximize growth and income based on your individual retirement needs.
Cross-Border Tax Planning: Working closely with your US and international tax advisers to manage the complexities of retirement savings as a non-resident US citizen, including meeting IRS requirements and avoiding potential double taxation.
Required Minimum Distributions (RMDs): For those reaching age 73, we help manage and plan for RMDs, ensuring compliance with IRS rules while maintaining your broader financial strategy.
Why Work With Peregrine & Black US?
Navigating retirement planning as a US expat can be overwhelming, with complex tax laws and regulations to consider. Our expertise in cross-border wealth management and our partnership with tax professionals allow us to provide a comprehensive and seamless solution for managing your 401(k) and IRA accounts.
We take a holistic approach to retirement planning, ensuring that your US retirement assets are fully integrated into your global financial strategy, helping you to secure a comfortable and tax-efficient retirement, wherever you choose to live.