u/techpro_

I'm a 33-year-old currently living in India, but I am a US tax resident - GC holder now and US citizen from next year.

An insurance sales agent just pitched me the Tata AIA Param Raksha plan, hyping up the tax-free maturity under Section 10(10D) in India. However, after doing some reading, it looks like this is a Unit Linked Insurance Plan (ULIP) with a heavy market-linked investment component, not a pure term plan.

Has any US citizen / Green Card holder / US tax resident here actually bought an Indian ULIP (term insurance) and had to deal with the IRS PFIC consequences?

I'm a 33-year-old currently living in India, but I am a US tax resident - GC holder now and US citizen from next year.

An insurance sales agent just pitched me the Tata AIA Param Raksha plan, hyping up the tax-free maturity under Section 10(10D) in India. However, after doing some reading, it looks like this is a Unit Linked Insurance Plan (ULIP) with a heavy market-linked investment component, not a pure term plan.

Has any US citizen / Green Card holder / US tax resident here actually bought an Indian ULIP (term insurance) and had to deal with the IRS PFIC consequences?

I'm a 33-year-old currently living in India, but I am a US tax resident - GC holder now and US citizen from next year.

An insurance sales agent just pitched me the Tata AIA Param Raksha plan, hyping up the tax-free maturity under Section 10(10D) in India. However, after doing some reading, it looks like this is a Unit Linked Insurance Plan (ULIP) with a heavy market-linked investment component, not a pure term plan.

Has any US citizen / Green Card holder / US tax resident here actually bought an Indian ULIP (term insurance) and had to deal with the IRS PFIC consequences?

I have about 50K in solo 401K - added last year from single person LLC income (coveres both employee + employer portion - 20% of AGI) it's at Fidelity.

Does anyone know if Fidelity supports in-plan roth conversions (to Roth solo 401K sub accounts) and are there any other restrictions once money is in Roth solo 401K compared Roth IRA?

Can I withdraw money penalty free from Roth solo 401K after 5 year lock-in period or strictly need to wait till 59.5? What are the other possible options?

Current, we have US Bank business checking/savings account..savings account at US Bank offers 3% interest rate ( given our combined balance so far).

What are the other good bank options for higher interest rate in business savings account? Any recommendations?

Hi Guys,

Tried reaching out couple of carriers but almost everyone said we're not underwriting policy in your vicinity (next to Walmart on exit 183) - Does anyone have any recommendations for carriers to whom I can reach out to get landlord insurance policy quote?

We're have a condominium and already have a master HOA policy, tenants have renter's insurance but I'm looking for landlord policy.

first time renting out, would appreciate any guidance/advice you may have. Thanks!

We're looking for part-time word-press developer with multi site support and pantheon hosting (preferable). Fully remote. Minimum 5 years of experience

If you've worked in it, please share your resume and portfolio. Thanks!