In this blog post, we'll explore the earliest offshore banking regulations from the 1930s to recent developments like the Foreign Account Tax Compliance Act (FATCA) and new rules for anti-money laundering and sanctions against certain countries. Join us on a journey through history and discover the changing landscape of offshore banking regulations for Americans.
In this webinar, you will learn how to utilize the Swiss economy, financial services, and registered investment advisors to bring stability to your existing or new investment portfolio. The presentation will cover the reasons for today's inflationary environment, how and why the Swiss economy differs from the United States, and how Americans can access the Swiss markets. In addition, it will be a chance to learn more about Switzerland's economic facts and figures and the relevant details that pertain to holding an offshore account in its jurisdiction.
For the August issue of the Simon Letter, our Managing Partner Jamie Vrijhof-Droese wrote a piece on how to move an individual retirement account offshore. The article will show Americans that it is possible to move their retirement assets offshore to benefit from international diversification and an enhanced level of privacy and asset protection. This way, your retirement assets can access global markets and various international opportunities.
Recently inherited an IRA? The wrong move could cost a boat load in taxes and penalties, but you have options. Governing bodies like the IRS and legislation such as the SECURE Act have outlined important rules regarding an inherited IRA, such as how much you may owe in taxes as well as whether you will need to begin taking required minimum distributions. These can depend on several factors, such as your relationship to the deceased, whether the IRA inherited is Roth or traditional and more.
In this episode Alex is joined by Jamie Vrijhof-Droese who heads the business development of WHVP and advises a group of international clients with respect to international diversification and asset protection. Together they will discuss how you can use your IRA to invest internationally.
It is crucial to understand how much you can (and should be) contributing to your retirement plan, and the good news is preparing for retirement just got a little more financial wiggle room. Catch-up contributions can be a great way to make up for the lost time when it comes to retirement savings. Are you eligible?
Following the CARES and SECURE Acts, the rules for RMDs have changed in 2021. This summary will show you how.
Can offshore investing protect your assets from stock market ups and downs? Jamie Vrijhof-Droese of WHVP explains benefits of offshore investing, what is involved, and how to get started.
Traditional IRAs allow you to save pre-tax money for retirement. If you are eligible to deduct contributions on your income taxes now and you anticipate a lower tax rate in retirement, then this is a good plan to consider. There are several types of IRAs but we, at WHVP, manage “Traditional IRAs” and “Roth IRAs”, administrated by a US trust Company.