Hi, I am software engineer at Amazon planning to move back to India from USA via internal transfer in September 2023 for personal family reasons. Curious, what all things I need to do before I move back? Like do I need to sell stocks in robinhood and fidelity? 401k? Any other thing? Is there a notice period for current team? Do we know expected SDE2 salary in India on international relocation. Also, does Amazon give relocation cash and how much is it? Appreciate your help. Thanks!
Op for how many years you've been to US? And what's your savings so far? Notice period - 4 business weeks
You can join the group here - https://discord.gg/CYYBChZ3
How and did you find the job to transfer to? Job finder?
Search return2india forums rather http://www.r2iclubforums.com/
AFAIK Robinhood will auto close your account and liquidate your holdings if you move outside the US, if you need to retain the shares open an account with interactive brokers. 401k need not be withdrawn and can be claimed later when you turn 58. You might want to move them to an index fund or a large cap fund. If you want to withdraw you 401k you can plan for next year since you will not have active US income and you will be able to withdraw the fund only with the 10% penalty and no/minimal income tax
Thanks! Really helps :)
Does Robinhood auto close account if I go to Canada?