I am a US citizen. I am moving to India in next 6 - 8 months. I am 62 years old. My wife and I want to settle in India. Can I withdraw money from my 401K (which I have in US) in India whenever I want and the amount I want. Any help?
2007-01-02 10:55:32 · 3 answers · asked by Ravi T 2 in Business & Finance ➔ Personal Finance
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2007-01-02 11:20:31 · answer #1 · answered by mtvtoni 6 · 0⤊ 0⤋
Sure, if you set up things beforehand. I would suggest, leave a bank account with a large institution like Citibank open here when you move. Contact your 401(k) provider and set things up so that you can request withdrawals from 401(k) online to go into that account. Then you can have the bank wire you the money in India.
2007-01-03 08:06:30 · answer #2 · answered by growing inside 5 · 0⤊ 0⤋
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2016-05-23 07:53:33 · answer #3 · answered by Anonymous · 0⤊ 0⤋