How can my UK pension complement my US retirement?

As you are unable to “roll-over” your UK pension into your US retirement account, we always advise clients to view their UK pensions as an important part of their overall US retirement strategy. A UK pension can, in the right type of pension plan, be very flexible and work cohesively with your US retirement assets. It is, however, important to understand your retirement objectives so that your UK pension can be managed in line with those objectives. Example objectives include the ability for you to:

  • Access your UK pension from age 55 to act as bridge until you wish to access your US retirement account or US Social Security;
  • Invest and draw your UK pension in USD to eliminate future exchange rate risks; or
  • Pass on your pension to your loved ones or nominated beneficiaries when you pass away.

Please contact us if you would like to discuss your objectives and options.