This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.


Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Is USA 401k treated as pension for IHT purposes?

Joined:Thu Nov 24, 2011 6:51 pm
Is USA 401k treated as pension for IHT purposes?

Postby pandora_boite » Fri Aug 06, 2021 5:01 pm

Can someone please advise how the HMRC treats US 401k assets that are part of an estate ?

The 401k plan is a tax-advantaged, defined-contribution retirement account offered by many employers in the USA. I was wondering if this is recognised as a pension plan in the UK, and if so if it would be excluded from the estate in the same way the UK pensions are.

Return to “Inheritance Tax, IHT, Trusts & Estates, Capital Taxes”