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BoricuaWannabe

BoricuaWannabe

Member

American looking for information about Puerto Rico

Forum posts

2

About me

American

Lives in Rinc贸n, Rincon

Registration: 29 October 2020

BoricuaWannabe
BoricuaWannabe replied to a thread
5 years ago
BoricuaWannabe

PR Act 20/22; Roth Conversion Ladder, FIRE Tactics? by BoricuaWannabe

Please be patient with my lengthy consideration here. I'm trying to import some of the strategies used by the FI/RE folks, which are largely stymied by US/PR differences. First, I understand that IRA/401k [i]distributions [/i] are considered ...

BoricuaWannabe

My understanding is that the mainland retirement accounts are not recognized in PR, and as such distributions (even from Roth IRA) are taxed by PR. It might be true that income taxed from one jurisdiction has some kind of exclusion such that you ... Read More

BoricuaWannabe
BoricuaWannabe created a thread
5 years ago

PR Act 20/22; Roth Conversion Ladder, FIRE Tactics?

Please be patient with my lengthy consideration here. I'm trying to import some of the strategies used by the FI/RE folks, which are largely stymied by US/PR differences. First, I understand that IRA/401k distributions are considered taxable ... Read More

BoricuaWannabe
BoricuaWannabe joined Puerto Rico expat community
5 years ago