Aurora US Pension Plan
The Aurora US Plan is designed for US expatriates, Green Card holders, dual residents and other US-connected individuals seeking a tax-efficient way to build and manage retirement savings.
Structured as a Defined Contribution Retirement Benefit Plan, the Aurora US Plan has been specifically designed to accommodate the requirements of US taxpayers. The plan provides a flexible retirement solution that can complement existing retirement arrangements, while helping participants maximise long-term growth through a professionally managed structure.
The plan also qualifies as a Qualifying Non-UK Pension Scheme (QNUPS), which may provide inheritance tax advantages for eligible UK domiciled individuals.
Specialist retirement planning for US taxpayers
From contributions and professionally managed investments through to retirement income planning, the Aurora US Plan provides a structured approach to building and preserving long-term retirement wealth.
Contributions can be made through regular payments, lump sums, ad hoc contributions or transfers of eligible assets, allowing participants to contribute in a way that reflects their personal circumstances and goals.
This plan provides access to professional investment management and retirement planning services, with investment decisions managed by a regulated investment manager or adviser.
Participants benefit from access to a broad range of asset classes and investment opportunities through a professionally managed structure. Importantly, the underlying investments are not treated as PFICs (Passive Foreign Investment Companies) by the IRS, helping to avoid additional US tax complexities often associated with offshore investment arrangements.
Returns generated within the plan can generally accumulate without US taxation until benefits are accessed, supporting long-term retirement growth.
Benefits can typically be accessed from age 55, although retirement may be deferred until age 75 if preferred. Earlier access may be available in certain circumstances such as ill health.
When retirement benefits are taken, participants may have the option to receive a pension commencement lump sum (PCLS), subject to the rules of the plan and their tax residency. Retirement income can then be drawn from the remaining assets, providing flexibility in how benefits are accessed over time.
Any remaining pension assets may be passed to nominated beneficiaries, subject to the plan terms and applicable legislation.
Our understanding is that any Pension Commencement Lump Sum (PCLS) may be treated as taxable income in the United States. Individual tax advice should be sought based on your personal circumstances.
What you can expect
Whether you're building retirement savings across jurisdictions, reviewing existing arrangements or planning for the future, we're here to provide specialist support throughout your journey.
Let's talk
Whether you're setting up your first private equity fund or are a leading global player — we’re on hand to support you.
