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401(k) and IRAs

Hoxton Wealth offers bespoke financial planning solutions to US-connected persons. This may include 401(k) rollovers to IRAs, as our passion is creating goal-oriented financial plans, tailored to the specific needs of our clients.

Financial Planning401(k) and IRAs

A 401(k) is a retirement plan offered by an employer, enabling you to set aside a portion of your monthly earnings on a tax-deferred basis.

Our US advisers have listed below the various schemes you can have in the US. We understand the complications of managing multiple plans and trying to get them invested, along with tax implications. Our US-qualified advisers can help you create a retirement plan that works best for where you are and what you need in the future. Get in touch to speak with an adviser today.

The information contained herein has been prepared solely for informational purposes.

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If you would like to speak to one of our advisers, please get in touch today.

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401(K) Rollover Options

Various options merit consideration, including a 401(k) rollover, which entails transferring your current balance to your new employer’s 401(k) plan without facing tax or penalty charges.

Another possibility is to affect a rollover of your 401(k) funds into an Individual Retirement Account (IRA), offering broader investment choices and increased income flexibility in retirement.

Each option carries distinct costs and expenses, along with its own set of advantages and disadvantages regarding moving or rolling over a 401(k) plan. It’s important to note that there are no assurances of investment success.

  • Leave It Untouched

    Owing to a lack of comprehension, the default decision for many individuals is to leave their 401(k) untouched. Each 401(k) plan is overseen by the sponsoring company and the plan’s administrator, thereby determining factors such as available investment options.

  • Rollover Option

    If your new employer provides a 401(k) plan and you qualify for enrolment, it’s straightforward to transfer your previous 401(k) balance.

  • Withdraw Income

    Once you reach the age of 59½, you’re eligible to commence receiving qualified distributions from any 401(k) account. With a traditional 401(k), any income withdrawn will be US-taxable income and counted towards your annual tax allowance.

  • Transfer to IRA

    Transferring your 401(k) to an Individual Retirement Account (IRA) grants you access to a broader array of investment options, often at reduced costs. Additionally, an IRA offers increased flexibility for withdrawals, allowing you to decide when and how much to withdraw throughout your retirement.


401(k) and IRAs - Frequently Asked Questions


What can we do for you?

  • Risk-appropriate portfolio advice and management
  • We can advise people who are now living outside the US

We always recommend that you speak with a US-qualified financial adviser when dealing with various pension schemes and taxes.

Our advisers will work with you to put a retirement plan together and ensure that your pensions are invested well and that there are no tax implications. Managing your various pensions and investments can be complicated. At Hoxton Capital Management USA LLC, we know the ins and outs of managing US pension accounts and have the time and knowledge to put together the right strategy for you. Talk to us now to start planning.

Contact Hoxton Wealth

Contact us today to discover how Hoxton Wealth can help you achieve your financial goals. Together, we can build a brighter financial future.