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TOP TIPS - Drawdown and Managing a UK Pension in the US

The single most important retirement question faced by most British retirement savers boils down to what they should do with their pension. Yet for British nationals living in the United States this decision is likely to be even more profoundly important. Not only must they grapple with the usual questions regarding a potential pension transfer or drawdown, they must also consider the complexities inherent in their cross-border situation. All in all, the stakes are high and, in these circumstances, planning and advice are everything.

Municipal Bonds

NEWS WRAP Municipal Bonds Warning

For some non-resident alien retirement planners in the United States municipal bonds represent a useful way to preserve wealth while also creating a tax-free income stream. According to the Internal Revenue Service (IRS), they are an item "of income excluded from gross income, without regard to the U.S. or foreign status of the owner of the income".*

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NEWS WRAP - Are Partial Pension Transfers the Best of Both Worlds?

Ever since the 2015 introduction UK pension freedoms, pension transfers have been central to the wealth management and retirement planning strategies of hundreds of thousands of individuals with UK-based defined benefit pension schemes.

However, given that it is only four years since their introduction, it is safe to say that these pension freedoms remain in their infancy and there is, perhaps, room for further evolution in this area.

Christopher Thornton

Spotlight On Christopher Thornton - Country Manager in the US

Our new "Spotlight On…" feature focuses on the team and will offer insights into their specialist services for Blacktower clients in the US.

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