this post was submitted on 21 Mar 2025
15 points (94.1% liked)
Brisbane
1051 readers
27 users here now
Home of the bin chicken. Visit our friends:
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeah, not sure if you intend to return to the US, or stay in Australia forever, but basically there is trouble with getting Australian Super to the US, or 401k to Australia.
The US-Australia tax treaty basically ignores super/401k etc and it can have big tax implications. Eg, withdrawing from a US 401k as an Australian taxpayer is regarded as taxable income.
Best to get tax advice, as everyone's situation is different.