Pension Plans

I am starting a new job in the UK, and my employer will match my contributions to a private pension scheme of my choice. I currently plan on living in the UK for about 3-5 years. It is my understanding that, as a US citizen, I am subject to US taxes, and, as a non-domicile, I am NOT subject to UK capital gains taxes.

So correct me if I am wrong, but I need a US tax-sheltered retirement fund. But I am used to  that money being taken out of my check before income tax; does that still work for US pension schemes from a UK paycheck?

I have also heard that I can use the £85k foreign earned income provision to move a limited amount of  money from IRAs to ROTH IRAs to avoid both front-end and back-end taxes.

I am able to put a large portion of my salary into investment while paying off my student loans; what is the best way to do it?

1. You can only benefit from the remittance basis for nn-UK capital gains if you do not claim the UK personal allowance.

2. As you are Georgia domiciled you will still owe Georgia State taxes on UK income

3. I believe that the foreign earned income exclusion is added back in figuring Modifie AGI for Roth rollovers.

4. A Roth rollover could be subject to UK tax as an unauthorised payment.

5. I have never seen a  domestic UK employer paying into a US pension plan.  I would expect a UK plan to be under consideration.

6. I can't tell why you are focusing on reducing the lower of the two taxes (US) but not the higher one (UK)?

I can't tell why you are focusing on reducing the lower of the two taxes (US) but not the higher one (UK)?

  Most likely, I am confused.

You can only benefit from the remittance basis for nn-UK capital gains if you do not claim the UK personal allowance.

  Personal allowance? I am not sure what you mean here.

As you are Georgia domiciled you will still owe Georgia State taxes on UK income

Domiciled seems like a totally amorphous concept. Do I have to be domiciled in any particular state? If one state's taxes are more favorable, as I here is the case for Florida, what is involved in claiming a domicile there?

I have never seen a  domestic UK employer paying into a US pension plan.  I would expect a UK plan to be under consideration.

This may be the case. I am just trying to figure out how not to pay taxes on the money I plan to save. I assume many people here are in the same situation (i.e. Uk employer with matching scheme, but temporary residency).

Thank you for the information;  please forgive my ignorance. 

If you are on a UK work permit then you must pay the equivalent PAYE and cannot take advantage of any tax avoidance schemes, such as being paid off shore, without being in breach of the work permit.  So, reducing the UK tax liability would not really be possible.

Vicky