Each country has their own tax laws in taxing pension such as U.S. Social Security Income. Tax treaty sometimes prevents double taxation, but usually, the country you reside in still can tax income from a foreign pension. So while this video was stated as being applicable to returning to any country--that part is grossly misleading.
After a year in India you become a ordarny resident of india, and will be taxed on global income. You can use foreign tax paid to reduce us tax so no need to move to roth ira as you will be able to claim foreign tax and you will not pay the 10,% early withdrawl
Every body says they want to go back but no body wants actually excuse is kids not cope up with india n fact is even u can't cope up now in india n don't feel sorry about this
Hi, Sanjay, I have been living in US for more than 8.5 yrs, if I want to go back to India, can I get my Social Security money back or be deposited that money into my EPF account in India? I don't have 401K, but even Social Security also, if possible I want to get it back. If there is any possibility please help me, I need your support, I am genuinely thinking to go back, but want to get my SS money back, if there is any possibility.
You cannot get entire social security back in lumpsum, but if you live in US and paid social security for 10 years you’re eligible to get social security benefits from US in your retirement even if you move back.
@@pk3 Only countries with a treaty with the U.S. allows retaining Social Security payout after leaving the U.S. India is not among such country so after 6 months of moving back to India, even if you had more than 10 years and already started collecting social security, the payments will stop.
![[#2024MAMA] ROSÉ (로제), Bruno Mars - APT. | Mnet 241122 방송](http://i.ytimg.com/vi/dgGqD28J6aQ/mqdefault.jpg)
No detailed taxation mentioned... and also No estate tax risk ? Noo way I am going with Sanjiv Gupta
Each country has their own tax laws in taxing pension such as U.S. Social Security Income. Tax treaty sometimes prevents double taxation, but usually, the country you reside in still can tax income from a foreign pension. So while this video was stated as being applicable to returning to any country--that part is grossly misleading.
Sanjeev Gupta saying "IRS" instead if IRA. How confused 😊
After a year in India you become a ordarny resident of india, and will be taxed on global income. You can use foreign tax paid to reduce us tax so no need to move to roth ira as you will be able to claim foreign tax and you will not pay the 10,% early withdrawl
No straight answer...the way he asked you question means he don't like to answer your question..hell
Lol the cell phone is ringing 🤣
Every body says they want to go back but no body wants actually excuse is kids not cope up with india n fact is even u can't cope up now in india n don't feel sorry about this
Many do to be closer to relatives
The anchor speaks like he worked in a desi call center - Cut your cheap accent ! and talk normal english .. The CPA advice was helpful !
What a lame joke to end ... ha ha
Hi, Sanjay, I have been living in US for more than 8.5 yrs, if I want to go back to India, can I get my Social Security money back or be deposited that money into my EPF account in India? I don't have 401K, but even Social Security also, if possible I want to get it back. If there is any possibility please help me, I need your support, I am genuinely thinking to go back, but want to get my SS money back, if there is any possibility.
wats social security money ?
No it will not be given untill n unless u r green card holder else its not easy
You cannot get entire social security back in lumpsum, but if you live in US and paid social security for 10 years you’re eligible to get social security benefits from US in your retirement even if you move back.
@@pk3 Only countries with a treaty with the U.S. allows retaining Social Security payout after leaving the U.S. India is not among such country so after 6 months of moving back to India, even if you had more than 10 years and already started collecting social security, the payments will stop.