I recently moved from the US to the UK, but I’m planning on returning to the US between 2-5 years. Thus, should I still enroll in my companies pension plan even though I don’t plan on retiring in the UK?

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It’s free money so you should! Also brings down your tax liability

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Basically no one qualifies for QROPs (apparently) so the SIPP route would be the only way. I’m not an accountant so can’t speak with complete authority on this but I am in the same situation. I plan on speaking to an accountant about it.

I would say yes, you can collect your pension from another country

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Only when you’re at retirement age.

From my understanding you have to pay into pension for at least 5 years to be eligible to withdraw

That guidance is just for the UK state retirement benefit (pension). A personal pension, including one that an employer pays into, belongs to you as the individual. You’ll need to wait till you’re near retirement age (55, I think) to access it, but there’s no qualifying period.

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No reason why not - always good saving and your company will contribute towards it 🤷‍♂️

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