SEP IRA in a Nutshell

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Do you operate a small business and are looking to benefit yourself and employees with a tax saving retirement plan? Well say “goodbye” to the expensive 401k retirement plans and say “hello” to simplified employee pension (SEP) plan. The SEP is a retirement plan available to help small business employees and employers to lower their taxable income by funding a … Read More

Eye of the COVID-19 Storm

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The Coronavirus (COVID-19) outbreak has flipped the world upside down since its emergence, spreading like a wildfire the COVID-19 outbreak has changed what we as humans consider as normal. The stock markets and mankind have been challenged like never before in these times, so what does this mean for the future? When we conquer this virus, and we will, it … Read More

Your Pension, During The Coronavirus Crisis – Don’t Panic, Be Proactive (Not Reactive!)

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Your Pension, During The Coronavirus Crisis – Don’t Panic, Be Proactive (Not Reactive!)

If you’re worried about your pension investment account being affected during the Covid-19 outbreak, we understand your concerns. It’s true that almost every asset class around the world has been affected by the coronavirus pandemic. Businesses have stopped production completely, and people are being asked to stay home to stop the spread of the virus. This has never happened before … Read More

What Is The Difference Between A Personal Pension & A SIPP?

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What Is The Difference Between A Personal Pension And A SIPP

Are you currently saving for your retirement? If pensions are currently an important consideration for you, in the UK you are likely to be faced with two main choices (outside of a workplace pension) – a standard personal pension (a package offered by UK pension institutions) or a self-invested personal pension (SIPP – typically offered by boutique providers and investment … Read More

Can British Expats Contribute To 401k Or An IRA?

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Can British Expats Contribute To 401k Or An IRA

British expats living in the US classed as non-resident aliens are subject to the same taxes standard US citizens are. However, it’s still important to ensure financial clarity when it comes to a 401k or an IRA, so expats understand any limitations and their rights in terms of contribution. Knowing the answer to “is a 401k considered a pension?” is … Read More

The Essential Information You Need To Know About Qualifying Recognised Overseas Pension Scheme (QROPS) USA

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The Essential Information You Need To Know About Qualifying Recognised Overseas Pension Scheme (QROPS)USA

A QROPS (Qualifying Recognised Overseas Pension Scheme) is an overseas pension scheme which is recognised by HM Revenue & Customs as being eligible to be in receipt of transfers from a registered UK pension scheme. However, due to UK pension changes for expats, QROPS are now available in many overseas territories. QROPS share many similarities with Self-Invested Personal Pensions (SIPPs) … Read More

3 Top Tips For British Expats With A 401k

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3 Top Tips For British Expats With A 401k

As a British expat living in the US with your family, you’ll know the importance of having your finances in order. Your entitlements in the US will vary wildly from those of the UK: for example, you’ll likely be taxed as a non-resident alien, meaning you’re subject to standard US taxes. A 401k plan, typically sponsored by your employer, means … Read More