Timeline for Foreign national currently working in U.S. & investing in 401(k) plan: How will taxes apply?
Current License: CC BY-SA 2.5
3 events
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| Feb 7, 2011 at 18:08 | comment | added | Tim | Lots of food for thought there :) ...but I think the gist is that in this situation, without an employer match it does not make sense to contribute to 401K if the money needs to be accessed before 59 1/2. Moving to another (no-income-tax)state just to establish residency would be more expensive than the savings in tax itself, esp. if that means having to change jobs. | |
| Feb 7, 2011 at 15:40 | history | edited | user2697 | CC BY-SA 2.5 |
added 911 characters in body
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| Feb 7, 2011 at 15:29 | history | answered | user2697 | CC BY-SA 2.5 |