Moving to Europe? Before you pack your bags, make sure your finances are ready.

In this episode of Gimme Some Truth, Nate, Stan, and Syl break down the most common — and costly — financial mistakes Americans make when moving abroad. From mishandling US retirement accounts to holding the wrong investments in a foreign country, these errors can cost you thousands in unnecessary taxes and penalties.

Whether you're planning a move to France, Germany, the Netherlands, or anywhere in the EU, this video covers what you need to know about 529 plans, IRAs, 401(k)s, TSP rollovers, tax treaties, and building a portable investment portfolio.

🔑 Key topics covered:

— Why you need to talk to a financial advisor BEFORE you move

— How 529 plans and custodial accounts create problems overseas

— IRA and 401(k) rollover strategies for expats

— Country-by-country tax rules across Europe

— The TSP rollover trap (and the major tax savings opportunity most people miss)

— How to choose the right advisor for an international move

📌 Chapters:

• 0:00 – Introduction & Overview
• 0:27 – Why Timing Matters: Contact an Advisor Before You Move
• 1:32 – Three Categories of Common Mistakes
• 2:27 – US-Specific Account Structures: 529 Plans & Custodial Accounts
• 5:34 – Why 529 Plans Are a Problem in Europe
• 7:47 – IRAs, 401(k)s & Retirement Account Rollovers
• 9:27 – Country-by-Country Tax Rules in Europe
• 11:14 – Tax Treaties & Government Pension Plans
• 14:39 – The TSP Rollover Trap: A Major Tax Savings Opportunity
• 16:31 – Investment Holdings & Portability of Portfolios
• 18:03 – Choosing the Right Advisor for International Moves
• 20:23 – Disclaimers

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📩 Thinking about moving abroad? Reach out to Walkner Condon for guidance on your specific situation.

#MovingToEurope #AmericanExpat #ExpatFinance #ExpatTaxes #401k #IRA #TSP #529Plan #InternationalTax #FinancialPlanning #ExpatLife #movingabroad

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🌐 Learn More About Walkner Condon Financial Advisors:

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🌍 Are You a U.S. Expat?

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