Singapore Expats

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by YukiYuki
Tue, 08 Apr 2025 1:41 pm
Forum: Strictly Speaking
Topic: CPF Payout & US Taxes for Former PR
Replies: 9
Views: 23031

Re: CPF Payout & US Taxes for Former PR

Over the years, the IRS has issued official memorandums with regard to how CPF is taxed for U.S. persons, so there is zero doubt that CPF is deemed as an employees’ trust under section 402(b)(2) of the tax code. Unlike other sections, like the well-known 401(k), it is non-qualified (non-deferred), ...

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