1.5 Mil USD in 401k to India plan
I have run these with my tools and AI - everything checks out but you know they are just AIs and I know you are the experts in this space
Also I wanted to keep things simple
Lastly for me - I’m worried about paper works more than tax efficiency
Let’s say: total is 1.5Million USD
A) keep 500k for kids in Traditional IRA
B) liquidate 500k to India in 2years in RNOR - and invest 50% Nifty500 / 50% Govt Bond which pays monthly income
C) setup 72t for remaining 500k for fixed amortized of approx 25k usd annually (this becomes the income in India )