Many Americans who move to Israel have pension plans like Individual Retirement Accounts (IRAs)) and 401(k) plans in the United States.
Pension plans are just one source of retirement savings. Many people have personal savings and investments to prepare for retirement. For tax planning purposes, it may be better for these investors to keep those funds in America rather than to move them to Israel.
They find it useful to consolidate all their dollar assets with one U.S. investment company and under the oversight and assistance of one financial professional, licensed both in the United States and in Israel, who can help them both with the big picture of retirement planning and with choosing specific investments. Our firm has this cross-border experience, licensing, and financial planning expertise and can help prepare you for the issues that arise with living with dual currencies.
Browse through these resources, or if you’d like to chat, call 02-624-2788 (or toll-free from America, 1-888-327-6179).