Moving your 401/SEP IRA “Off Shore”
Is it possible to move your personal/self funded 401/SEP IRA retirement accounts “off shore” to a bank in Belize?
What are the Tax implications? (if allowable).
Where can I find professional help in moving such assests “off shore”/
Permalink Submitted by Alan - IRA critic on Sun, 2015-03-29 19:23
Not possible. See 408(a)(2) here and check section (n) as well: https://www.law.cornell.edu/uscode/text/26/408