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Anyone attemtped to move a foreign pension to the US?
Please be more specific. Do you mean receiving payouts from a pension system in another country? Or do you mean obtaining credit for pension eligibility to be added to a U.S. pension?
There are rules that are country specific. For example, Australian government pensions may be reduced if being received outside of Australia, might be same for Canada (just guessing). Philippine pensions need to be re-documented at regular intervals with proof of continued status (proving that one is still alive). Other countries may have tax agreements with the U.S. that drive how the eligibility is recognized.
From what country was the pension accrued and what type of pension is it (old age, vested employment, etc.).
--Ray B
UK private pension. I know the UK allows pension portal but I've heard there are issues with the US varying by state
Rules in the UK chnaged last year, and will probably change again after Brexit
Please be more specific. Do you mean receiving payouts from a pension system in another country? Or do you mean obtaining credit for pension eligibility to be added to a U.S. pension?
There are rules that are country specific. For example, Australian government pensions may be reduced if being received outside of Australia, might be same for Canada (just guessing). Philippine pensions need to be re-documented at regular intervals with proof of continued status (proving that one is still alive). Other countries may have tax agreements with the U.S. that drive how the eligibility is recognized.
From what country was the pension accrued and what type of pension is it (old age, vested employment, etc.).
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