by Hui-Chin Chen, CFP® | Published on Aug 13, 2024 | Advanced Global Planning, Americans working abroad, Investing, Tax Planning
Among the questions I received over the 10 years of writing this blog, 401(k) contribution is perhaps the most popular topic of all. As remote work and global mobility becomes more prevalent, more US tax residents overseas have access to 401(k) and need to decide...
by Hui-Chin Chen, CFP® | Published on Jun 28, 2023 | Advanced Global Planning, Globetrotters working in the US, Tax Planning
Green Card is perhaps one of the most coveted pieces of plastic in the world. It allows its holder to live and work in the United States, the land of opportunity, with no restriction. Most Green Card holders don’t immediately think about the next step, which is...
by Hui-Chin Chen, CFP® | Published on Mar 23, 2023 | Americans working abroad, Global Living Basics, Globetrotters working in the US, International Transactions, Investing, Risk Management
Many of my clients earn and save in more than one currency. I often get asked the following: Should I keep large deposits in different currencies? When should I exchange one currency to the other? How often should I exchange? Before we answer those questions, it’s...
by Hui-Chin Chen, CFP® | Published on Nov 1, 2021 | Advanced Global Planning, Americans working abroad, Globetrotters working in the US, Tax Planning
After discussing managing US company equity grants and US ESPP purchases, in this third installment around employee equity compensation for globally mobile employees, we’ll turn the table to how to manage foreign company equity compensation as a US taxpayer employee....
by Hui-Chin Chen, CFP® | Published on Aug 20, 2021 | Advanced Global Planning, Americans working abroad, Globetrotters working in the US, Investing, Tax Planning
In a previous post, I addressed how to manage US company stock options or RSU when your US tax residency or physical location changes. However, I left Employee Stock Purchase Plans (ESPP) out of the discussion. The reason is that ESPP requires you to make the decision...
by Hui-Chin Chen, CFP® | Last updated May 23, 2021 | Published on May 23, 2021 | Americans working abroad, Global Living Basics, Tax Planning
We talked a lot about what to do with Federal Tax system when a US tax resident moves away from the US. One other consideration we often forget is that there is another taxing authority in the US – the states. Furthermore, all states plus the District of Columbia have...
by Hui-Chin Chen, CFP® | Published on Apr 2, 2021 | Advanced Global Planning, Globetrotters working in the US, Investing, Tax Planning
As promised, in this post we will discuss Roth IRA contribution for US visa holders. This is the second installment of the series to discuss Roth IRA contributions for those with international planning considerations. (Read the first installment on the same topic for...
by Hui-Chin Chen, CFP® | Published on Feb 26, 2021 | Advanced Global Planning, Americans working abroad, Investing, Tax Planning
Over the life of this blog, one of the most popular topics of discussion is Roth IRA contribution for US Expats. Specifically, I have answered a lot of the same questions in different forms around: “Can I make Roth IRA contribution while taking Foreign Earned Income...
by Hui-Chin Chen, CFP® | Published on Dec 29, 2020 | Risk Management
2020 is an odd year. When saying so, we mostly mean that the experience we’ve had this year is beyond our expectation at the beginning of this year. We all have a model of life. We expect a set of inputs, i.e. our collective actions and external circumstances, to...
by Hui-Chin Chen, CFP® | Published on Dec 2, 2020 | Global Living Basics, Organize, Plan, Systematize, Risk Management, Work with financial planner
Working mostly with younger clients, I never expected to face the death of a client so soon. In early September, Rae* showed up to our Zoom meeting late and fatigued, unlike her usual self. “Probably not Covid”, she said. Seeing her state, I suggested rescheduling to...
I'm Hui-chin Chen, a globetrotter & certified financial planner helping you manage your finances from afar and on the go.