1

I am currently on an H1b working as a software engineer in the US. I am applying to a lot of Ph.D. positions in Europe & Asia. I have about 350k USD in Index funds(100k+ profits) and 150k USD in my 401k.

So together I have around half a million dollars in funds. I am a citizen of India. Is there a way I can continue to hold my securities when I am studying? My employer is going to recruit me back and I will come back to America after finishing my studies.

Aditya
  • 395
  • 1
  • 8

1 Answers1

3

If you're sure you're coming back, I don't why you can't leave it in the US.

Two suggestions would be to:

  1. Roll the 401(k) into an IRA at the same brokerage where you keep the $350K, and
  2. talk to a co-worker who won't be leaving the States about using their address (your name, their address) for the accounts.
RonJohn
  • 50,786
  • 10
  • 107
  • 170