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Wednesday, 8 January 2014

Trireme - A tax beneficial pensions vehicle for US Citizens

Trireme Malta have finally released a tax efficient overseas pension vehicle for expatriate US Citizens.
The scheme allows for an uncapped amount of post-taxation money to be contributed and benefit from:
  • Tax free growth of funds prior to taking benefits
  • Early drawing of pension benefits (compared with Individual Retirement Accounts (IRA's))
  • 30% Tax free pension commencement lump sum
  • No income tax on the contributed money when withdrawn as income
  • Income tax only to be payable on funds from the growth
  • Discretionary management of the pension scheme available
  • Investment in overseas stocks, structured products, capital protection, mutual funds and much more
  • Ability to name direct beneficiaries to receive succession annuities or lump sums on death with no estate tax due if the total estate is under US$5mn
  • Reduced reporting requirements to the IRS
In order to find out more about this scheme and the potential benefits for US citizens, please contact info@pensionsedge.com

1 comment:

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