Considering the number of NRIs returning home after their stint in the US, "What to do with 401(k) account?" has become a very common question.
Our previous post gives an overview of what exactly is a 401k account and what are the types of accounts available.
In this post we have highlighted the 4 ways in which the 401k accounts can be dealt with in case an NRI is planning to return to India. But with our experience, we have been able to conclude that this decision depends on multiple factors like current investment flexibility, age, fund requirement, income sources, goal analysis, etc. So, it is always advisable to consult a financial advisor to guide you through the process.