If you’re starting a new life overseas, make sure your U.S.-based financial accounts don’t get left in the past.
Thinking about making the move to Europe? You’re not alone.
From Portugal to Germany to Spain, more Americans are packing up and choosing to start fresh across the Atlantic. Whether you’re chasing a better work-life balance, new career opportunities, or simply a different pace of life, moving abroad can be one of the most exciting decisions you’ll ever make.
But in the midst of securing visas, planning logistics, and dreaming of weekend getaways in the Alps or the Mediterranean, there’s one thing many Americans overlook:
Their financial life back in the U.S.
The Forgotten 401(k): A Hidden Risk
Most Americans who’ve changed jobs over the years have at least one old 401(k) sitting in an account somewhere. Often, it’s been untouched for years. Maybe you’ve even forgotten where it is—or assumed it’s just “sitting there growing.”
Here’s the truth: if you’re living abroad, that account could be losing value without you even realizing it. Old 401(k)s are known for high fees, limited investment options, and lack of active management. Add the complexity of cross-border taxation and account access limitations—and you’ve got a financial time bomb.
What Happens When You Move Abroad?
Once you’re living outside the U.S., you might run into roadblocks like:
Restricted access to U.S. investment platforms
Difficulty receiving distributions or advice
Tax issues in your new country of residence
Frozen or closed accounts due to foreign addresses
What was once a retirement vehicle can become a headache without the right strategy.
Why You Should Consider a Rollover to an IRA
Rolling over your 401(k) into an Individual Retirement Account (IRA) can be a smart way to:
Consolidate and simplify your retirement savings
Lower fees and improve investment flexibility
Maintain control with more accessible account management
Get guidance from a U.S.-licensed advisor familiar with expat needs
This move can also make tax reporting and future withdrawals easier to manage, especially if you’re no longer living in the States.
Your International Lifestyle Deserves a Global Strategy
You’ve chosen to live beyond borders—why not have a financial strategy that reflects that?
By planning ahead, you can:
Avoid costly mistakes
Ensure compliance with both U.S. and local tax laws
Align your retirement goals with your global lifestyle
The key? Work with someone who understands both worlds.
How American Expat Advisors Can Help
At American Expat Advisors, we’re not a financial advisory firm—we’re an education-first platform dedicated to helping U.S. citizens and U.S.-connected individuals abroad protect their financial futures.
We connect you with U.S.-licensed advisors who specialize in working with Americans living overseas. Whether you need help with a 401(k) rollover, IRA planning, or U.S. asset management, our referral network is built for expats like you.
All it takes is a short, secure 5-question form to get started.
Don’t Leave Your Money Behind
You’ve made the leap to a new life—now make sure your money catches up.
Take control of your U.S. retirement accounts today.
Click here to get matched with a U.S.-licensed advisor who understands expat needs.
