Help - Search - Members - Calendar
Full Version: Foreign national profit sharing balance
BenefitsLink Message Boards > Retirement Plans > Retirement Plans in General
RS Vatalaro
Facts: X worked for U.S.-based ABC Corp. for several years, received U.S. earned income, and received deposits into his profit sharing account for several years. ABC was bankrupt about 7 years ago, plan is just now being terminated (all required 5500's were filed). X is not a U.S. citizen and returned to his home country some time ago.

Question: Can X roll his profit sharing balance to a U.S. IRA? Can he do so tax-free, the same way a U.S. citizen would?

Thanks for any input.
dsilver
yes, why not.
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.
Invision Power Board © 2001-2012 Invision Power Services, Inc.