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Does Retiring Abroad Impact My Social Security?


Does your long-term life goal include retiring overseas? If so, you're not alone.

The prospect, however, raises questions. One of the biggest things people wonder about is how moving outside of the U.S. might impact Social Security benefits. Here's a rundown of the key things to know about how retiring abroad affects your current or future payments.

First and foremost: Yes, with a few exceptions, you can still collect Social Security retirement benefits you're eligible to receive when you're living overseas. There are some important details you'll need to know, though, if retiring abroad is your plan. Chief among them is how these payments are taxed.

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Source Fool.com


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