Bztraveller
Oct 25, 2011, 07:00 AM
Moving from US to UK. US Citizen. Can I withdraw my 401K and minimize the penalty and taxes?
ebaines
Oct 25, 2011, 08:27 AM
Nope - penalty and taxes will be what they will be, regardless of the fact that you are moving. Best to either leave the account where it is or roll it to an IRA.
Bztraveller
Oct 26, 2011, 04:13 AM
Thanks, ebaines! That's what I thought.