Hey FAANG FIRE! Last year, I partnered with Jane Mepham CFP, to help us all better understand the details of “FIRE Planning While on a Work Visa”. I started following Jane after reading her detailed guide on Kitce’s blog focused on educating her fellow financial planners on investing for retirement while on a work visa. If other planners turn to Jane for guidance, I knew that we would be in good hands.
I was aware of the FinCEN 114 form because a number of years ago it started being mentioned in my usual tax filing process, but I had never heard of Form 8938. It sounds like something that should also be mentioned in the regular tax forms. Fortunately I don't think I need it because I while I keep some money abroad, it doesn't amount to $50K.
Thanks! Yet another very useful post!
I was aware of the FinCEN 114 form because a number of years ago it started being mentioned in my usual tax filing process, but I had never heard of Form 8938. It sounds like something that should also be mentioned in the regular tax forms. Fortunately I don't think I need it because I while I keep some money abroad, it doesn't amount to $50K.