Ask Experts Questions for FREE Help !
Ask
    phil208's Avatar
    phil208 Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 6, 2010, 10:08 AM
    401k foreing retirement?
    I plan to retired in France ( I am 69 1/2) and I like to know if a quarter payment could be transfer to a French bank account.? From my US. 401k .
    Thank you.

    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #2

    Dec 6, 2010, 10:31 AM

    Sure. Each transfer would be considered a distribution, and so is taxable in the US. Talk to your 401(k) plan administrator to ask how to set this up.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

401k Retirement [ 1 Answers ]

How do I find my 401k fund?

401K Retirement not there [ 1 Answers ]

What rights do I have if your employer takes money from your paycheck that is suppose to go into your 401K but kept the money. They keep saying they are going to put it back but it has not been replaced. It has been 8 months

401k retirement [ 2 Answers ]

Company says I cannot withdrawal 401k until 59 1/2 who do I talk to to get retirement and not quite job

Any way to get out of a 401K before retirement? [ 3 Answers ]

I'm a 55 year old married woman with a substantial investment in my 401K. I haven't contributed to my account in years because the performance of the funds that are available to me has been pitiful compared to my outside investments. My employer does not contribute to the plan but I like my job...

What to do with 401k at retirement [ 5 Answers ]

I will be retiring in 7 months and want to have part of my 401 sent to me monthly is it best to roll most of it into IRA accounts and put some into money market savings where I can access some monthly. Do not feel that I will have money to pay an investor. Thanks:)


View more questions Search