IndiaJan 31, 2023
VMwaresJth42

Withdraw 401K / robinhood from India

I have 3 brokerage account in US 1 ) fidelity 401K 2 ) fidelity individual trading account 3 ) Robinhood In future when I move back to my home country, how easy / difficult is to withdraw money from my home country. RH support is trash and I am not getting answers from them, so I will probably move my funds from RH to fidelity. However, fidelity is not answering my questions on phone. They are telling me to come to their local office and talk directly about these things. I will go in some days , but was wondering if anyone here has gone through the same situation before. I see that Fidelity has some offices in India as well. So it should be fine ? Just wanted to ask here too. TC: 130K ( base pay ) YOE : 2

Microsoft ๐ŸŽƒPumpkin Jan 31, 2023

Fidelity and Schwab are generally known to be good to foreigners. Stay away from Robinhood, they donโ€™t know what theyโ€™re doing. Stock market is a game to them.

Rivian tVlk56 Jan 31, 2023

You can always transfer the money to your US checking account and then remit it to India

Tile ๐Ÿ’ฐ menow Jan 31, 2023

My advice is not share your plans with anyone and sell assets when the times come. Keep the funds into your checking account and moved them to Indian

NXP johnglat67 Jan 31, 2023

Transfer to us checking account after liquidating and remit to your Indian account, something like wise is probably cheap for remit, I don't know how reliable they are with bug amounts.