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Retiring Abroad? Beware the Drawbacks

Kailey Hagen notes three basic points in this piece about retiring outside this country. One, your tax situation will be more complicated if you retire abroad because you’ll likely owe taxes in two countries. Two, the Social Security Administration pays benefits to those who retire abroad, though it won’t send checks to certain countries. Three, Medicare has very limited coverage outside of the U.S., so you’ll probably need some other type of health insurance. Full article here.

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