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Brokerage Firm for Stocks and IRA's American; Schwab wants to disown me for being Expat.

IAMHERE
in Jobs, Economy, Banking, Business, Investments

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Update. I earlier reported that when I did my RMD last year, selling mutual funds in my IRA, I was flagged when trying to do it online that I had to do it by telephone -- and their flag provided the phone number. (Because my address of record was in Thailand.)

 

This year doing my RMD, when I went online, thinking I'd get the same flag and phone number -- nothing popped up when I indicated I wanted to sell some mutual funds in my IRA. Instead, I was allowed to proceed, which I did, and voila -- RMD done online, with no $25 dollar fee like with last year's phone transaction.

 

Who knows. Nothing has changed -- still have a Thai address. And I haven't seen any policy changes sent out. Curious.

 

 

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    • EVENKEEL
      EVENKEEL

      Why are we freeloaders. I pay my federal taxes same as everyone.

    • bluebluewater
      bluebluewater

      This must be a new thing as I lived for 15 years in Thailand and withdrew money through an ATM in Thailand twice a month with my Schwab debt card and nary a word was ever said.  I used a PO Box as my

    • gargamon
      gargamon

      It's all these people with Schwab accounts with little money in them that use the account for foreign ATM transactions as Schwab has no foreign transaction fee and covers any local ATM fees. I've wond

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