Vanguard IRA Services has evidently closed the door on American expatriates with retirement accounts valued at less than $500,000, according to a recent International Advisor article.... ( read more )
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As more and more Americans move abroad for work or retirement, finding a reliable and trustworthy IRA provider becomes increasingly important. Unfortunately, Vanguard IRA Services may not be the best choice for expats. Earlier this year, Vanguard announced that it would be revoking account access for non-U.S. residents. This means that if you're living overseas and hoping to open an IRA with Vanguard or manage an existing account, you're out of luck. While Vanguard states that this change in policy is due to regulatory concerns and the costs associated with serving non-U.S. residents, it's still
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