IOTA AND OUR STRATEGIC PARTNERS WILL ANALYZE YOUR PARTICULAR SITUATION AND OFFER ADVICE ON THE FOLLOWING TOPICS:

• If you retire from the United Nations, you have the option of taking 1/3 of your pension as a lump-sum distribution.  Should you take it?  What effect will that decision have on your monthly pension and the related income taxes?
  
• Green Card/Permanent Residency or U.S. Citizen Status - Within six months of retiring or leaving an International Organization, you are required to file for Permanent Residency to legally remain in the U.S.  
  
• Is the ongoing monthly U.N. pension taxable in the U.S.?  If so, how is the non-taxable portion calculated and reported?
  
• When does a G-4 Visa holder retiree become a U.S. Tax Resident and become liable for U.S. income taxes?    
  
• If you retire and then accept a consulting assignment, how is that income taxed in the U.S.?
  
• Are you required to make quarterly estimated income tax payments?
  
• Do you have overseas income or investments and pay income taxes to a foreign country? 
  
• Fbar (FinCen 114) Reporting - Once you become a U.S. taxpayer, all monies held in overseas accounts in excess of $10,000 must be reported.
  
• Financial Planning - Are your financial assets structured to provide the income necessary to maintain a certain life style in retirement, while providing for your heirs?           
  
• Wills & Estate Planning - Have you prepared a Will and planned an Estate that conforms to U.S. Regulations?  The Plan should include identifying how and to whom the remaining assets are to be distributed while minimizing any taxes that may be due.
  
• Reverse Mortgages - This may provide additional income for retirees, enabling them to financially afford remaining in their homes.  Is that an option to consider? 
  
• Long Term Care Insurance - Designed to offset the significant cost of home health aides or a nursing facility for seniors dependent upon care.