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Still worth it. The savings are tax free, you may get an employee match, and either you end up in the US, or you have a dollar denominated tax free retirement account to cash in on in a few decades time.
So I have a dumb question, I’m a foreigner, some of my salary goes into a 401k. I can take it out when I wanna move from the US right?
To the best of my knowledge you need to leave it there for X amount of years in order to get the full amount. But you can technically take out any time but there are penalty fees.
Just leave the 401(k) in there. It’s safe. Let it grow. Pull it out to your new country when you are old and it’s worth a lot more.
No.
This thread might be helpful! https://joinfishbowl.com/post_hm6l67
I hear ya, it’s not the simplest! I wish I could help more but hopefully that is a good starting point :) good luck!
This is exactly my question too! I am in the US now with a 401k... but want to eventually relocate abroad. I’m wondering what the smartest allocation is - 401k, Roth 401k, Roth IRA. What should I be maxing first? We should ask the consultants 🤣