Foreign Private Social Security Pensions: Small Percentage, Outsized Impact

8:30 AM - 9:30 AM
San Diego A

This session will review what is meant by a foreign private Social Security pension and how the United States treats these from a tax perspective, using the Mexican private pension system as a basis for the review.

Learning Objectives:

  1. Gain an appreciation for who can be exposed to these types of pension plans
  2. Learn about the significant tax complexities that exist for U.S. taxpayers who participate in foreign private pensions
  3. Understand some of the possible options that may result in better outcomes for individuals with foreign private pensions