IRA withdrawal from Sweden

Expert Info

on 13 Jul 2023

Hello!

As an American citizen living in Sweden (residency in Sweden), will the IRS in the US require me to pay taxes on any money I withdraw from a Traditional IRA (not ROTH IRA)? Does anybody have any personal experience with this? It is my understanding that Sweden is solely responsible for taxing retirement related income according to the USA-Sweden bi-lateral tax agreement, if you are deemed a resident of Sweden. However, I'd like to find out from somebody who has experienced it themselves.

Thanks!

Expat Health Insurance

Cigna Global Health Insurance

Moving your family abroad can be intimidating, but learning about medical options such as family health insurance early on can help you successfully settle in.

Limited-time offer: 10%* off for life!

Get covered today and enjoy 10%* off your health insurance policy!

Get a Free Quote

*T&Cs apply

Moving Internationally?

International Movers. Get Quotes. Compare Prices.

Sirelo has a network of more than 500 international removal companies that can move your furniture and possessions to your new home. By filling in a form, you’ll get up to 5 quotes from recommended movers. This service is free of charge and will help you select an international moving company that suits your needs and budget.

Get your free no-obligation quotes from select removal companies now!