there is no property. they want to make it so the child gets an annuity instead of a lump sum
Posts Tagged ‘leave’
Do you think a parent should leave an annuity after death even if it means she collects less while living?
19
Mar
I’m ready to retire after 30 years with the teacher retirement system. I can choose from different options and the standard amount is a fair amount to live on if after my death I leave nothing to my adult children. If I choose to leave an annuity for my children after my death, I would be receiving a lot less per month while I’m living. Should I be a priority or my children?
I am a non citizen and have invested in US markets & 401k. will i be able to access investments once i leave?
08
Mar
I have been working in US for last 4 years on H1-B visa and my employment based greencard is in process. I am anticipating a greencard within next 2 years. I have invested in mutual funds and employer 401(k). If I decide to return to my home country in coming years (after my greencard is processed), will I be able to withdraw funds from my US 401(k) and other investments (for example – annuities) when they mature? I understand that to return to my home country, I will have to give up my green card. However, will I still have access to my investments in US? are they any legal/tax issues involved? Or is it benefitial/advisable to just liquidate my investments, take penalty hit and take the money home?