Quick Reviews – TurboTax, TaxAct, & OLT

I had intended to do a more comprehensive review of these three options, but as I tried to use them, I realized the choice, at least for this year and for me, was pretty clear. OLT Honestly, I just couldn’t get past the interface. Yes, lots of people recommend OLT. Huge advantage is that Federal

Tax Management in Traditional Retirement (Phase 3)

This is Part 3c of our Retirement Withdrawal Strategies series. Quick summary so far: Part 1: When can you access your retirement savings? Part 2: How to avoid paying US and UK tax again (or at least minimize them) Part 3a: Putting it together in Early Retirement Part 3b: Putting it together in Middle Retirement

Tax on UK Pension Withdrawals

A relatively quick one today, on a topic I’ve been trying to nail down for a while. Disclosure up front – as always, I’m not a professional. This topic is particularly complex, and I invite discussion and disagreement; I’ll happily update this post if anybody finds any inaccuracies and call out any alternative viewpoints. Just

Tax Management in Middle Retirement (Phase 2)

This is Part 3b of our Retirement Withdrawal Strategies series. Quick summary so far: Part 1: When can you access your retirement savings? Part 2: How to avoid paying US and UK tax again (or at least minimize them) Part 3a: Putting it together in Early Retirement Today, we’ll look at “Middle Retirement” or Phase

Putting it Together: Tax Management in Early Retirement (Phase 1)

This is Part 3a of our Retirement Withdrawal Strategies series. In Part 1, we looked at when you can actually access your retirement savings, dividing retirement roughly into three phases: In Part 2, we explored the tax-free buckets that you can use so you never pay US or UK tax again (or at least keep

UK Pension Withdrawal Options

Continuing with our interlude from the Withdrawal Strategies series – this is the second of three posts: Required Minimum Distributions from Traditional IRA, 401(k), etc. and how to manage them UK Pension withdrawal options Managing the Lifetime Allowance (I added this one because it was going to be too long to fit in the others!)

US & UK Tax on Traditional to Roth Conversions

I’m working on a series of posts about retirement withdrawal strategies and managing US and UK taxes in retirement, and I keep drafting a comment that “I’ll do a post on Roth conversions in the future” – I’m just going to do it now 🙂 There’s already a lot out there about a Roth Conversion

Intro to US & UK Inheritance Taxes

Cross-border estate and gift tax planning is extremely complex. The intent of this post is really to give you some background information so that you can walk into a meeting with an estate planning professional knowing the basics of the systems, not to give you enough knowledge to do it yourself! Estate planning is not