US/UK financial advisors specialize in guiding individuals with financial assets and goals in both the United States and the United Kingdom. These advisors understand the unique challenges faced by expats, including:
-Tax implications: Complying with tax regulations in both countries can be complex. US/UK financial advisors can help you navigate tax filing requirements and minimize tax burdens.
-Investment opportunities: They can recommend investment strategies that take advantage of opportunities in both markets while considering potential currency fluctuations.
-Retirement planning: Building a retirement plan that spans the Atlantic requires careful consideration of social security benefits, pension plans, and investment strategies.
Benefits of working with a US/UK financial advisor:
-Personalised financial planning: They tailor financial plans to your specific circumstances, goals, and risk tolerance.
-Expert guidance on cross-border financial issues: Get informed advice on navigating complex tax regulations, investment options, and retirement planning strategies.
-Peace of mind: Knowing your finances are in the hands of a qualified professional who understands the intricacies of US/UK financial planning allows you to focus on other aspects of your life.
If you are a US citizen living in the UK or vice versa, a US/UK financial advisor can be a valuable asset in helping you achieve your financial goals.
Following regulations in 2011, Fidelity prevented US persons to invest in funds that are not registered for distribution or sale in the USA. In 2025, we’ve spoken to many clients who see that there has been a renewed wholesale review of clients, and those identified as US Persons are getting a letter freezing their Fidelity […]
Frozen and Blocked Fidelity ISA transfer process to Edale Read More »
A Roth IRA functions as a retirement account which provides significant tax advantages. It has no UK equivalent but its advantages make it worth considering for retirement and retirement planning. Contributions to the account come from after-tax dollars, but invested funds grow without taxation, and qualified withdrawals are tax-free both in the USA and the UK. The
Distributions from ROTH IRA for UK tax efficiency from US Pension Read More »
US 401K Withdrawals and Tax Treatment Withdrawals from 401(k)s or |IRAS are taxed the same way for residents and non-residents. The US-UK tax treaty is designed to prevent you from being taxed twice on your pension income. You claim Foreign Tax Credits with the tax authority to prevent being taxed twice. US tax rates on
US Pension (401k+IRA) Regular Distribution tax and withdrawals Read More »
Offshore funds that have successfully applied to HMRC for reporting fund status can be held by US residents and be tax efficient. The list below allows investors to check for US domiciled investment funds (ETFs, mutual funds and index funds) that may be held in US brokerage accounts. The table below allows investors to check whether the investment
Searchable list of US domiciled funds with UK HMRC reporting funds Read More »
Managing US Retirement Accounts as a Non-Resident: What To do If you’re a non-resident employee who has left the United States and you’re wondering what to do with your U.S.-based retirement accounts, you’re not alone. Many former employees face questions about managing their 401(k)s, IRAs, and other retirement savings after returning to their home countries.
What former employees can do with US Pensions (401k / IRA) when non-US resident Read More »
Edale supports lots of young professionals and children that are US Connected people in the UK. It is common for us to hear stories that investment accounts get closed or frozen for American children or young professionals. They often feel they need to close the account or have it forced closed on them. Transfers to
UK investment platforms not accepting Americans. What to do. We can help Read More »
Tax challenges for US Citizens buying a house in the UK face tax challenges in the USA that should be borne in mind. Additionally, if American-based parents give you some cash towards a deposit, you need to be aware of the impact of estate planning. Therefore, whether buying property alone or with a UK spouse,
American expats buying property in the UK Read More »
Expats in the UK, including children, can open an ISA with Edale instantly. The key features and application form are below. Our Individual Savings Account (“ISA”) is an investment account that allows US Citizens who are UK taxpayers to contribute post-tax funds on an annual basis. Get an idea of the costs for our American ISA. We
Open a Stocks & Shares ISA for US UK Citizens Read More »
President Joe Biden signed the Social Security Fairness Act into law on Sunday (5 Jan 2025), a landmark act that will remove the reduction of retirement benefits for those receiving non-covered pension income. This transformative law ends the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), two controversial changes that have been detrimental
Managing a US-based 401(k) or IRA pension plan as a non-resident is not always straightforward, especially when nearing retirement or wanting an optimal plan to fund it. If you previously worked in America, moved from the USA to work overseas and settled in the UK, you’ve probably built up pensions in the USA and UK.
UK Financial Advisor for Your 401k / IRA US Pension as a Non-US Resident Read More »
ISA Season. Open Shares ISA Online. Accepts US UK Citizens. More details.
