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April 9, 2025
Question

tax on foreign retirement income

  • April 9, 2025
  • 1 reply
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My wife has pensions in the UK from before she moved to the US and became a naturalized citizen.  Will we have to pay US taxes on those funds when we move that money to the US?

    1 reply

    April 9, 2025

    If you take a distribution you will need to include that in your taxable income. If you simply roll the funds over from one retirement account to another you won't have to pay tax on the rollover distribution.

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