If you're an American living abroad and approaching retirement, you face a question most advisers can't answer: how do I turn my US 401(k) or IRA into a reliable income, from the US, for a life lived somewhere else?
International firms advise on the local side. Many US advisers won't take a foreign address. And none of them specialise in Fixed Index Annuities for expats.
We do. We help US expats approaching retirement turn part of their US savings into guaranteed lifetime income, managed from inside the United States.
A Fixed Index Annuity (FIA) is a contract with a US insurance company that does two things:
Many FIAs also offer an optional income rider, which guarantees an income for life however the market performs and however long you live. For a US expat, that turns part of a 401(k) or IRA into something like a private pension, paid into a US bank account.
If an FIA isn't right for you, we'll say so. We work with several insurers and aren't tied to any one product.
That depends on the rules in your country of residence. We'll confirm whether you're eligible before we recommend anything.
Yes, either directly from your employer's plan if it allows, or by rolling into an IRA first. The process is the same wherever you live.
An income rider is an optional feature, usually costing around 1% a year, that guarantees a set income for life regardless of markets. It's usually the main reason expats choose an FIA.
Nothing changes. It's a US contract held by a US institution, so your income carries on as before.
No. A variable annuity invests directly in funds and can fall in value. An FIA links growth to an index without investing in the market, and your principal is protected from losses.
