American Expats and IRAs: A How-To Guide
Submitted by Creveling & Creveling Private Wealth Advisory on March 6th, 2018By Peggy Creveling, CFA, and Chad Creveling, CFA
This article is for general information purposes only and is not intended as specific tax advice. Please consult your tax advisor for advice relevant to your situation.
As the annual U.S. tax filing deadline for 2017 approaches (April 17, 2018), so does the deadline for making 2017 contributions to U.S. Individual Retirement Accounts (IRAs). But this is an area where U.S. expatriates need to be careful. If the rules surrounding IRA contributions weren’t complicated enough, being an expat adds another layer of complexity to the mix.