US Retirement Planning

SJB US who are a division of Blacktower (US) LLC, are fully licensed and regulated by the SEC and has over 30 years’ 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—Expats up to the age of 50 can make a maximum contribution of $5,500 per annum or up to $6,500 p.a if they are over 50.
  • 401ks—Suitable for those working for a US parent company. There is an employee limit of $17,500 p.a. However, members aged over 50 can add a further $5,500
  • 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.
  • 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 a 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 retirement 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: