Hypothetically, deciding to cash out 401(k)s, IRAs, 529s and leave the US permanently—how do the logistics of this work?
Hypothetically, deciding to cash out 401(k)s, IRAs, 529s and leave the US permanently—how do the logistics of this work? If a family were planning to leave the US and move to the EU (EU residency/citizenship is already taken care of), how would the logistical process of cashing out all US accounts work? We’d have to have new accounts set up in the country we’re landing in, and what types of accounts would depend on the country, presumably? Can you “roll over” any...