What is the best way to transfer a pension from the UK to the US?

0 ⤊

What is the best way to transfer a pension from the UK to the US?

It's a corporate pension. I will be living in the US. I'm sure there will be taxes to be paid, but I'm looking for the most tax-advantaged way to do it. Thanks!

2007-07-05 08:24:57 · 1 answers · asked by d_91804 1 in Business & Finance ➔ Taxes ➔ United Kingdom

1 answers

It will be taxed as ordinary income in the US. As to the UK treatment, you'd best consult with a local expert.

2007-07-05 08:47:07 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋