The legal basis for a 402(b) Overseas Retirement Plan

16 Feb

USS Roper anchor on display at the Massachusetts Institute of Technology - Overseas Retirement Plan

A Nonqualified overseas retirement plan has characteristics that are opposite of what we have all been used to. This specific 402(b), the Regulated Asset Protection Structure (RAPS), allows for pre-tax contributions. There are no maximum contribution limits as this is a nonqualified deferred compensation tax law issue. The fact that this is precisely the opposite […]

The Foreign Account Tax Compliance Act (FATCA) DROP DEAD DATE

12 Apr

FATCA compliant and recognized tax compliant globally

The whole thing to do with FATCA is starting to build a tidal wave of interest now that most people understand that 1 July is the drop dead date. This is explicitly for pension funds as exempt beneficial owners and also for administrators of pension funds. Well, that answer is the whole point because this […]

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