UK Personal Pension Scheme

Submitted by Ryan Smith on Mon, 2008-03-03 21:24

I have a client who is a US Citizen, but lived in the UK and has a Prudential Personal Pension Scheme. Anyone know where to find more information on these? I am assuming it cannot be transferred to an IRA, but can it be taken as a lump sum? Are there age restrictions?

Thanks.



Submitted by Denise Appleby on Fri, 2008-03-21 02:03

As long as it is not a retirement plan governed by the US Tax Code, it cannot be rolled/transferred to an IRA or any other US retirement plan.

…not familiar with UK pension plan rules. The best source of information is the plan document, or any literature issued by the plan/employer.

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