Aussie Expat Podcast

Welcome to the ninety sixth episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today’s Expat Chat we have a guest on from Cross Border Financial Planning USA. Edward Cole talks about a general overview of what Australian expats need to know and understand about US Retirement accounts. Every year many Australian head over to the US on an E3, L1 or Green card visa. Understanding your retirement options is paramount for long term planning, especially with no one paying in your superannuation any more. We deep dive into what your options are, the different types of tax treatment, and contribution caps as well as what it all means when you begin withdrawing from these accounts later in life. Discussion Points on Todays Podcast Episode In this episode we run through the following topics: Basics and Eligibility: • Can you explain the basic differences between traditional IRAs, Roth IRAs, and 401(k)s? • As an Australian expat, am I eligible