What CBRE Group Employees Need to Consider Before Making the Leap to Retire Abroad

Healthcare Provider Update: Healthcare Provider for CBRE Group CBRE Group does not operate its own healthcare facility but partners with various healthcare providers to offer employee health benefits. This typically includes a variety of insurance options that may involve working with national insurers, enabling employees to access a diverse range of healthcare services. Potential Healthcare Cost Increases in 2026 In 2026, healthcare woes are poised to intensify for CBRE Group employees as they may face substantial increases in out-of-pocket costs. The expiration of enhanced federal subsidies from the Affordable Care Act (ACA) could lead to premium hikes that exceed 60% in some states, significantly impacting the affordability of healthcare. Additionally, economic pressures and rising medical expenses are compelling employers, including CBRE, to adjust benefits structures, potentially transferring more healthcare costs to employees. Consequently, employees should proactively review their health plans and consider strategies to mitigate rising expenses in the coming year. Click here to learn more

For example, CBRE Group employees planning on moving overseas need to have a clear plan of action to overcome the challenges of acquiring residency and citizenship in another country,' according to Brent Wolf from The Retirement Group at Wealth Enhancement Group.

Kevin Landis of The Retirement Group, a division of Wealth Enhancement Group, explains why detailed planning is crucial for CBRE Group employees who intend to retire abroad. However,

In this article we will discuss:

1. The complexity of obtaining residency or citizenship abroad: Discussing the legal, financial, and cultural issues that are involved in moving overseas for CBRE Group employees.

2. The necessity of professional advice and planning: Emphasizing the importance of thorough preparation and professional advice to ensure a smooth transition to retiring abroad.

3. Tax advantages and financial planning for retirees: Explaining the possible tax advantages that are available through international treaties and the strategic financial planning that needs to be done for the retirement savings of CBRE Group employees.

Simply for political, economic, and social reasons, many CBRE Group employees are looking to secure citizenship or residency in other countries if the United States is not as attractive as it once was. But, getting residency in another country and, perhaps, citizenship is not as simple as just buying a plane ticket and setting an itinerary.

This is because there are many processes that may take a few years to accomplish at times. The more people who are considering these options, the more difficult these choices become. It is therefore crucial to identify the legal, financial, and cultural implications that arise in order to ensure a smooth transition to a new home overseas before embarking on this journey.

Without a proper plan and some professional advice, it can be quite a challenge to switch gears and retire during your tenure at CBRE Group.

The impact of potential tax advantages when retiring abroad will definitely affect your financial position. Many countries, including the United States, have tax treaties that prevent income from being taxed twice. For instance, pensioners are attracted to Portugal by the Non-Habitual Resident (NHR) regime that offers special tax concessions for up to 10 years.

You can enhance your retirement benefits by taking advantage of these perks and seeking the advice of a tax specialist. The IRS notes that because these treaties can be very different it is important to research and seek the advice of a professional (IRS, 2023). These advantages must be used by CBRE Group employees to enhance their retirement.

Expatriating and retiring is a process of planning a long and beautiful road trip. Just as you would not travel without a map, a well-maintained car, and knowledge of your location, CBRE Group employees who are retiring abroad need to plan carefully.

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Step by step, you will be guided on how to make your transition to your new home easier, from explaining cultural differences and tax benefits to helping you understand the legal and financial environment. Just as a road trip opens new views and experiences, retirement abroad presents a world of possibilities for a happy and comfortable retirement.

Sources:

1. The Warren Street Wealth Advisors Team. 'CBRE Group and Large Company Employees.' Warren Street Wealth Advisors, 3 Feb. 2025, Accessed from warrenstreetwealth.com.

2. 'US Taxes for Americans Retiring Abroad in 2025.' MyExpatTaxes, 20 Nov. 2024, Accessed 3 Feb. 2025 from myexpattaxes.com.

3. Toms, Mary, CPA, MBA, MS. 'US Tax Implications of Retiring Abroad: What You Need to Know.' PBMares, 10 Dec. 2024, Accessed 3 Feb. 2025 from pbmares.com.

4. 'Financial Planning for US Expatriates.' The Expat Financial, Accessed 3 Feb. 2025 from expatfinancial.com.

5. 'Retiring Overseas: What You Need to Know About Your US Taxes and Financial Planning.' Expat CPA, Accessed 3 Feb. 2025 from expatcpa.com.

   What is the 401(k) plan offered by CBRE Group?

   The 401(k) plan at CBRE Group is a retirement savings plan that allows employees to save a portion of their salary before taxes are taken out.

   How can employees of CBRE Group enroll in the 401(k) plan?

   Employees of CBRE Group can enroll in the 401(k) plan through the company’s benefits portal or by contacting the HR department for assistance.

   Does CBRE Group offer a matching contribution for the 401(k) plan?

   Yes, CBRE Group offers a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

   What is the vesting schedule for CBRE Group's 401(k) matching contributions?

   The vesting schedule for CBRE Group's matching contributions typically follows a standard schedule, which can be reviewed in the employee handbook or benefits portal.

   Can employees of CBRE Group take loans against their 401(k) savings?

   Yes, CBRE Group allows employees to take loans against their 401(k) savings, subject to specific terms and conditions outlined in the plan documents.

   What investment options are available in CBRE Group's 401(k) plan?

   CBRE Group offers a variety of investment options in its 401(k) plan, including mutual funds, target-date funds, and other investment vehicles.

   Is there a minimum contribution requirement for the 401(k) plan at CBRE Group?

   Yes, CBRE Group may have a minimum contribution requirement for employees wishing to participate in the 401(k) plan, which can be found in the plan documents.

   How often can employees change their contribution amounts in CBRE Group's 401(k) plan?

   Employees of CBRE Group can typically change their contribution amounts at any time, subject to the plan’s guidelines.

   What happens to my 401(k) savings if I leave CBRE Group?

   If you leave CBRE Group, you have several options for your 401(k) savings, including rolling it over to another retirement account, cashing it out, or leaving it in the CBRE Group plan if allowed.

   Are there any fees associated with CBRE Group's 401(k) plan?

   Yes, there may be administrative or investment fees associated with CBRE Group's 401(k) plan, which are disclosed in the plan documents.

   With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
   CBRE Group announced a reduction of its workforce by approximately 5% as part of a restructuring plan aimed at optimizing operations and reducing costs. The company also implemented changes to its benefits package, including adjustments to retirement contributions and healthcare benefits.