by Hui-Chin Chen, CFP® | Last updated Jul 20, 2020 | Published on Jul 20, 2020 | Americans working abroad, Global Living Basics, Organize, Plan, Systematize
Chances are if you are reading this blog, you have or will have the need for managing US finances from overseas. I did in the past 11 years. While I’ve discussed extensively about how to plan for your financial life on the go, I haven’t written specifically on the...
by Hui-Chin Chen, CFP® | Published on May 14, 2020 | Advanced Global Planning, Americans working abroad, Globetrotters working in the US, Investing, Tax Planning
We’ve finally entered a period of time with big drawdown and volatility in the market. While it’s not great that some of your long-term investment temporarily lost value, it’s a good time to consider Tax Loss Harvesting. As this strategy is related to US income tax,...
by Hui-Chin Chen, CFP® | Last updated Jan 23, 2020 | Published on Jan 23, 2020 | Americans working abroad, Global Living Basics
Several years back I wrote about why freezing your US credit reports might be a good idea when you live overseas. With data breach a normal occurrence these days, freezing your US credit reports can make you sleep better at night, knowing no one can take out a loan in...
by Hui-Chin Chen, CFP® | Published on Aug 22, 2019 | Advanced Global Planning, Americans working abroad
“Should I contribute to social security?” You might think that is an odd question to ask. Afterall, most of the US citizens with earned income have no way to opt out of paying into social security system. This is because US payroll tax, which funds social security...
by Hui-Chin Chen, CFP® | Published on Oct 31, 2018 | Americans working abroad, Global Living Basics
One of the common discussions I have with US clients working overseas is how to exclude their foreign income from US taxation. Many people know about Foreign Earned Income Exclusion (FEIE) already, but are concerned about being able to meet the physical presence...
by Hui-Chin Chen, CFP® | Published on Sep 12, 2018 | Advanced Global Planning, Americans working abroad, Globetrotters working in the US
Other than concerning 401(k)s, one of the most common questions I receive from clients moving away from the US is, “What do I do with Social Security when I move overseas?” The short answer is, nothing. Social Security is technically a government benefit program. Even...
I'm Hui-chin Chen, a globetrotter & certified financial planner helping you manage your finances from afar and on the go.