Hello,
I am living and working in France and I inherited an IRA from my mother. I am 51 and due to the fact that my tax residence is France, I can not get good advise on the IRA in the US (fidelity is where it is invested at the time). I was wondering if there is a retirement plan in France that the US government considers an equivalent of an IRA, so that I can move the funds there without the 10% tax.
Thank you for any advise
Nicolas
“NORAID” maybe ?
none so far I am afraid…
Hi Stella,
Yes, I do believe that I can probably assist Nicolas. I will try to open a private conversation with him in view of the fact that such conversations can be a bit sensitive and involve personal information.
Hi Nicolas,
My American wife and I have an identical situation to yourself, so perhaps I can give you a few pointers, particularly in the direction of Article 24 of the Franco / American tax treaty.
Basically I believe you would be best served by leaving the IRA in the US, but I will send you a private message later today to explain further.
Have a great day, Robert.
Thank you for putting me in contact with Robert. His mail is very informative
Best Nicolas
No problem Nicolas… we are a friendly, helpful lot on this forum 
The forum at its best …
No childish put downs, winding people up or acting superior to ‘score points’ . 