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Being married to a non-US citizen has many wonderful advantages, but when it comes to your interactions with the IRS, it can sometimes feel like it puts you at a disadvantage. However, the truth is that IRS forms and reporting regulations are a trial for anybody, particularly those who have foreign-based assets or income. It is just that having a foreign spouse is likely to mean that you have to do things a little bit differently to the majority.

Here, Blacktower (US) LLC offers some information for couples with cross border tax planning considerations.

Non-resident aliens are those people who are citizens of a country other than the United States but with legal permission to live and work within the US. If you are in this position you should be aware that your status means you have some very particular obligations to the Internal Revenue Service (IRS) and that these have an impact on any 401k or IRA accounts you might hold.

So, what are the 401k and IRA management considerations for US non-residents and what are some of the restrictions affecting non-residents in relation to these accounts?