I’m considering a move to the U.K. taking a job and with Deloitte UK. Not clear on the best way to contribute to my 401K. Can i just contribute like normal but from a foreign bank?

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@A1 you sound bitter

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He's right though, UK consulting salaries are much lower (Big4 start grads on £31-35k) and the CoL is high.

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Get ready for a 30% pay cut (assuming Deloitte reworks your comp like other firms and companies do for this exact move). But it’s okay, London is a super cheap city to live in....

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@A1 you sound jealous

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The UK doesn’t want you - sincere brit

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Do it for the slags not the £££ m8

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Very much looking forward to spending time in the U.K.. No amount of money can overpower the enriching experience I’ll have living abroad for a while. It’s a good investment and an experience I won’t regret.

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@D1 you have the right mindset. Perhaps, you can find something for @A1 too

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Jeez, not bitter or jealous. To clarify guys I made the move from US to U.K. and it was an amazing decision overall. The pay cut was not optimal though. But, while rent is high here (not considerably more than NYC / SF) it’s a great place to be.

To OP I’d say by all means do it, just be aware of the pay cut because a lot of folks aren’t prepared for it

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Bad food, worse weather. Ugly chicks. Have fun tho

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D can keep portion of your salary in US if you want to continue to contribute.

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Enjoy paying shit loads of tax. But have fun. Don't regret a minute of living overseas. Sincerely, ex-expat.

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C1 gets it

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P2 has obviously never been in the UK

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So much negativity and bitterness on here

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Deloitte UK won't have a 401k plan. You'll have to do an IRA and manage it yourself. Not sure on the international tax rules though. Probably worth hiring a tax advisor

Haha.

@M2 Studied at Downing College chucko

I wouldn't say that, it's potentially a great opportunity, but it'll depend on the details. UK consulting salaries are lower than in the US and the CoL in London is approaching Manhattan silly.

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