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Topic: Spouse inheriting UK pension - fees and taxes?  (Read 475 times)

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Spouse inheriting UK pension - fees and taxes?
« on: February 24, 2017, 09:26:30 AM »
Hi guys,

Hypothetical situation here. Married couple living in the UK - one is a UK citizen from birth and the other a US citizen from birth and permanent UK resident (and may become UK citizen in future). They jointly own a house but there's only one pension between them, a defined contribution pension owned by the UK citizen. If the UK citizen dies or the couple divorce and the spouse gets some or all the pension, how is that taxed by the US and UK?
« Last Edit: February 24, 2017, 09:27:43 AM by itsdrummo »


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Re: Spouse inheriting UK pension - fees and taxes?
« Reply #1 on: March 12, 2017, 03:43:10 PM »
Good question.  Hoping someone knowledgeable steps up with some info.
>^.^<
Married and moved to UK 1974
Returned to US 1995
Irish citizenship June 2009
    Irish passport September 2009 
Retirement July 2012
Leeds in 2013!
ILR (Long Residence) 22 March 2016


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Re: Spouse inheriting UK pension - fees and taxes?
« Reply #2 on: March 12, 2017, 04:48:49 PM »
There's no tax in either country until withdrawals are made and then they are taxed as income.


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