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-   -   US Citizen moving to UK (https://www.askmehelpdesk.com/showthread.php?t=606692)

  • Oct 25, 2011, 07:00 AM
    Bztraveller
    US Citizen moving to UK
    Moving from US to UK. US Citizen. Can I withdraw my 401K and minimize the penalty and taxes?
  • Oct 25, 2011, 08:27 AM
    ebaines
    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.
  • Oct 26, 2011, 04:13 AM
    Bztraveller
    Thanks, ebaines! That's what I thought.

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