US Retirement Planning
Our advisors provide advisory services through Blacktower Financial Management (US) LLC. Blacktower companies have over 30 years of experience in the offshore and cross-border expat market. We offer a long-term approach from start to finish and provide a holistic wealth management strategy. The different types of qualified retirement plans include the following:
IRAs
An IRA, or Individual Retirement Arrangement, is a personal savings plan that gives you tax advantages for setting aside money for retirement. For the latest contribution requirements click here.
401ks
A plan with eligibility requirements that incorporates a provision enabling an employee to choose to have a section of their salary contributed by their employer into an individual account established within the plan. For the latest contribution requirements click here.
403b
Sometimes referred to as the “non-profit” version of the 401k, the 403b may be suitable for certain retirement savers working in particular jobs. For the latest contribution requirements click here.
Defined benefit plans
Different plans are available. Each may be structured differently and each may limit contributions at different thresholds. Much will depend on your employer and your financial situation. Financial advice is recommended.
If you have dual citizenship or are a foreign national, there are many complex issues that need to be considered regarding your assets, regardless of whether you plan on retiring in the US or not. Due to the ambiguity of most peoples future plans, we make sure we take into account all scenarios to make sure we choose the best-suited option for you. Most people do end up returning back to their country of origin, but there are often short term benefits available whilst living in the US.
