Search found 3 matches
- Fri Jan 12, 2024 10:45 am
- Forum: RetireJapan for Dummies
- Topic: Starting retirement savings as a Japanese-American
- Replies: 4
- Views: 118449
Re: Starting retirement savings as a Japanese-American
I see, thanks. If I keep my retirement savings in the US, it sounds like there a couple options and outcomes I have: 1. Stop using the FEIE so I can deposit in my Roth via backdoor maneuver, paying more tax now but less in the future OR 2. Keep using the FEIE and deposit into a regular US brokerage ...
- Mon Jan 08, 2024 6:50 am
- Forum: RetireJapan for Dummies
- Topic: Starting retirement savings as a Japanese-American
- Replies: 4
- Views: 118449
Re: Starting retirement savings as a Japanese-American
Thanks for the detailed response! Yes I've heard PFICs are something to be very careful to avoid here as a US citizen. Is there no way to invest in safe big non-PFIC funds in a Japanese brokerage account? I figure it would be expensive to transfer my Japanese income to the US every time I want to in...
- Sun Dec 24, 2023 8:32 am
- Forum: RetireJapan for Dummies
- Topic: Starting retirement savings as a Japanese-American
- Replies: 4
- Views: 118449
Starting retirement savings as a Japanese-American
Hello, new user here (and fairly new to personal finance). I'm looking for some guidance as I start retirement savings in Japan. Background: * I have Japanese and US nationality and intend to keep both * I’m a full-time company employee in Japan * I’m undecided on where to live long-term and retire ...