Intelligence

Overseas Concerns for Social Security

Reporter: David LaMartina

Publication: ThinkAdvisor

Contact: iq@fullyvested.com

Deadline: Jun 27, 2017 12:00 pm

What are the important Social Security considerations for retirees who’ve extensively worked abroad, and for those who retire abroad? Does income earned abroad as a US citizen count towards an earnings history? Do expats get Social Security? Does dual citizenship or a change in citizenship forfeit one’s earned benefits? How do these considerations change among different foreign nations? Do other governments’ Social Security systems come into play? Do their taxes come into play, and how can retirees avoid double taxation? Overall, this piece will explain the important considerations for two groups of clients: Those who retire abroad and those who retire in the United States after having worked many years in a foreign country. This story will be featured in a retirement-focused section of Nationwide’s ThinkAdvisor website called Retirement Wire: http://www.thinkadvisor.com/sponsored/retirement-wire/ slreturn=1498083954. This round of stories for August and September will focus on Social Security. Requirements: I would like to speak with financial advisors who have advised specifically on Social Security decisions for clients who have 1. Worked abroad and 2. Retired abroad.

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