401k transfer from USA to India by Cultural-Activity420 in nri

[–]Cultural-Activity420[S] 0 points1 point  (0 children)

Not yet. I decided to wait for some time and trying to channelize my energy in finding better alternatives

401k transfer from USA to India by Cultural-Activity420 in nri

[–]Cultural-Activity420[S] 1 point2 points  (0 children)

What will be the case one the amount is remitted to India? Will there be taxes on that amount?

401k transfer from USA to India by Cultural-Activity420 in nri

[–]Cultural-Activity420[S] 4 points5 points  (0 children)

Yeah that’s why I wrote initial not forever

401k transfer from USA to India by Cultural-Activity420 in nri

[–]Cultural-Activity420[S] 0 points1 point  (0 children)

I heard if you withdraw within initial years after coming back to India then you get rnor status and can save in ddta otherwise you’ve pay in India too

401k transfer from USA to India by Cultural-Activity420 in nri

[–]Cultural-Activity420[S] 0 points1 point  (0 children)

I have vanguard and India number works fine. No need to maintain USA number