62's Poland Relocation Journal
05-09-2015, 03:37 PM
Update on my last post: according to a few web sources, Schwab and Capital One indeed are the best US institutions for overseas personal finance. I should add that Schwab's ATM reimbursement is unlimited (so no watching your number of transactions). Sources:
http://www.creditcards.com/credit-card-n...s-1433.php
http://thepointsguy.com/2014/02/the-top-...-atm-fees/
http://www.fodors.com/news/story_5428.html
I may look at this again out of boredom when I move, but for now it seems what I have is among the best.
Also an update on taxes for part 1: I may also consider the "Roth IRA escape hatch":
http://www.mrmoneymustache.com/2011/11/1...your-401k/
In short, once I quit my job, I'll be in a lower tax bracket, at which point I can convert traditional 401k money into Roth IRA money and pay the associated income taxes, then let it sit for the IRS-minimum 5 years before withdrawing the principal (but not the gains) penalty-free. So basically another thing to look at after I move, when I have more time.
http://www.creditcards.com/credit-card-n...s-1433.php
http://thepointsguy.com/2014/02/the-top-...-atm-fees/
http://www.fodors.com/news/story_5428.html
I may look at this again out of boredom when I move, but for now it seems what I have is among the best.
Also an update on taxes for part 1: I may also consider the "Roth IRA escape hatch":
http://www.mrmoneymustache.com/2011/11/1...your-401k/
In short, once I quit my job, I'll be in a lower tax bracket, at which point I can convert traditional 401k money into Roth IRA money and pay the associated income taxes, then let it sit for the IRS-minimum 5 years before withdrawing the principal (but not the gains) penalty-free. So basically another thing to look at after I move, when I have more time.