S&S ISA Experiment – May 2021 Update

First update on my S&S ISA Experiment – I don’t know that I’ll actually do these monthly for the long term, but at least for now I’m curious to see how it’s doing. Quick recap of the experiment: Americans can’t hold index funds in a S&S ISA due to PFIC regulations 😦 But we canContinue reading “S&S ISA Experiment – May 2021 Update”

UK Junior ISA (Account Options)

This is a really quick one for completeness. A Junior ISA won’t be part of your own retirement/FIRE planning, but maybe something you consider for your kids. They come in both cash and Stocks & Shares (S&S) flavors – the rules are almost the same as adult ISAs. I’ve only called out the handful ofContinue reading “UK Junior ISA (Account Options)”

UK Innovative Finance ISA (Account Options)

I’ll be honest, this isn’t one I’ve done a huge amount of research on, because I don’t see a good case for using one. I’ve just covered the basics below, for completeness and awareness. If anybody has found a good use for an Innovative Finance ISA in the portfolio of Americans in the UK, I’dContinue reading “UK Innovative Finance ISA (Account Options)”

UK Cash ISA (Account Options)

Now we’re getting to the accounts that aren’t part of the flowchart for a “typical” American in the UK planning for retirement, but they have their purposes and might be useful in your individual plan. Synopsis A Cash ISA is a glorified savings account that’s UK tax free, US taxable. Most people don’t pay UKContinue reading “UK Cash ISA (Account Options)”

S&S ISA Experiment – Getting Started

One of the triggers that got me started with this site was my recent experience of opening a Stocks & Shares ISA. I’d like to share my experience so far with all of you, in the hopes it might help if you’re in a similar situations. I’ll also post periodic updates, to see how thisContinue reading “S&S ISA Experiment – Getting Started”

UK Lifetime ISA (Account Options)

Lifetime ISAs are a relatively new product, and are an interesting hybrid of a “normal” ISA and a pension, kind of like a Roth IRA. Your money is locked up until age 60 except for a first home purchase, but it’s tax advantaged. The low contribution limit means this won’t be a huge part ofContinue reading “UK Lifetime ISA (Account Options)”

UK Stocks & Shares ISA (Account Options)

ISAs are a really interesting kind of account – there’s nothing even close to them in the US, where you can invest, allow your investments to grow tax-deferred, and then withdraw them whenever you want. Sadly, that means the IRS doesn’t recognize them as anything special – but I think they still have a placeContinue reading “UK Stocks & Shares ISA (Account Options)”