pk
Level 15
Level 15

Retirement tax questions

@TMM322 ,  your post is so void of details that I don't know how to begin to answer this question.

(a) Are you a US person ( citizen/GreenCard)?

(b) Which country is your tax home? -- need to review  the tax treaty ( if any)

(c) Assuming that your employer is a local entity, is this "employer contribution" govt. required  item or just employer's good deed  ( benefit package)?   Whether required or not by the govt., is there any law that defines this benefit, how it is held ( a govt. account, a trust, etc. etc. ), how is it governed etc. ?  What are the rules for distribution ?  Is it taxed when contributed or what ?   Is the distribution taxed  and if so under what rules ?

(d) What are your plans for this account  when you come back to the US ?  

(e) Are you also contributing to SSA while abroad ?

 

AS you can see I need a lot of info before I can help you .  So please answer my Qs.  If you do not wish to answer on this board ( privacy concerns ), you can always PM me   ( that does not show up on this board ) --- but please NO PII ( Personally Identifiable Information )-- that way I would not know who you are  but will know the situation and answer based on that ONLY !

 

I will circle back once I hear from you--yes?