Been living and working in Australia for 17 years.
I am a USA citizen and had worked in the US for over 30 years.
Looking to find out how to transfer my 401K balance to ny Super account.
Been living and working in Australia for 17 years.
I am a USA citizen and had worked in the US for over 30 years.
Looking to find out how to transfer my 401K balance to ny Super account.
You'll need to check if your 401K allows for transfers. If they don't you can withdraw the funds and then deposit them into your Super.
We've got some further info about the tax treatment when withdrawing a lump sum directly. Check it out.
https://community.ato.gov.au/s/question/a0J9s0000001EMt/p00031538
You'll need to check if your 401K allows for transfers. If they don't you can withdraw the funds and then deposit them into your Super.
We've got some further info about the tax treatment when withdrawing a lump sum directly. Check it out.
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