Navigating IRA Contributions for US Expats
December 30, 2024
In this episode, we dive into making IRA contributions as an American living abroad.
Navigating IRA Contributions for US Expats
In this episode, we dive into making IRA contributions as an American living abroad. We explore the basics of IRAs and why they are important for expats, how the Foreign Earned Income Exclusion (FEIE) affects contribution eligibility, and key considerations for Traditional IRA deductibility. We also discuss Roth IRAs, including income thresholds for contributions, and examine how access to US retirement plans may influence your options. Finally, we share practical tips for navigating IRA contributions while living overseas.