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AUTHOR: R Quinn on 6/25/2025

I really enjoy hearing from folks in other countries. It provides a great new perspective, but it would help in the discussions to know where a person is.

When there is mention of say pensions or Social security it could mean different things around the world.

Perhaps a designation after a name would help.

JJones-Aus or UK or something like that.

 

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bbbobbins
12 days ago

It’s easiest just to translate into US equivalents

UK SIPP or DC or personal pension = 401k
UK ISA = Roth IRA
GIA = GIA
State pension = SS
DB or final salary pension = pension (but UK usually have COLA where US don’t)

Obviously tax rates, capital gains and in particular inheritance tax are massively more favourable in the US.

On the flipside almost unbounded potential for property taxes and medical premiums in US.

Mark Crothers
12 days ago

Sounds sensible….so, how exactly do I do that?

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