Foreign US-style personal pension plans comply with FATCA and provide additional tax benefits for individuals returning to the US.

One of the main characteristics of this type of plan is that it is contract-based instead of trust-based. This simplifies tax reporting and brings the asset outside of the US, allowing the assets to grow in a tax-friendly environment.

Underlying investments within these plans are not classed as PFIC by the IRS, opening a much more excellent investment choice for investors.