How to transfer or withdraw private pension plans from the UK, US
Last Update Date: 06-10-2026
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar said that people who do not need the money soon, and for whom it is a small part of their portfolio, could leave it invested abroad until their retirement year.
More of Abhishek's views on retirement
The article explains what Indians returning from the UK and US can do with private pension savings built abroad. It covers transfer rules for UK pensions, withdrawal rules and penalties for US plans, how residency status affects tax in India, and the inheritance tax risk of leaving money abroad.
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How to transfer or withdraw private pension plans from the UK, US