Tag Archives: decide

What happens to my 401k plan if I decide to leave USA and go back to Indonesia?

Question by rainbow: What happens to my 401k plan if I decide to leave USA and go back to Indonesia?
What happens to my 401k plan if I decide to leave USA and go back to Indonesia. I have my 401k plan for about 5 yrs. What are the consequences and how should I save from getting penalised ? I am resident in USA and 35 yrs of age.

Best answer:

Answer by DoH
Just transfer it to an IRA, it will be here waiting for you when you reach retirement.