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Planning for retirement? Here's how much a $200,000 annuity could pay you monthly — and what impacts the payout.
They will get a lump sum amount at superannuation and a final withdrawal payout at the same stage. They will get a monthly pension. Along with that, they also get dearness relief (DR) as per the ...
An annuity is essentially a contract between you and an insurance company. You opt to either make a lump-sum payment or a series of payments, and in return, the insurance company agrees to provide ...
For most people, the ‘lump sum allowance’ related to the benefits you take from your pension is set at £268,275, while the ‘lump sum and death benefit allowance’ is £1,073,100.
Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden ...
The monthly payments on a $400,000 annuity at 70 could have a big impact on your retirement budget. Here's how.
Some companies want to limit their pension obligations by offering employees a one-time payout. Here's what you should ...
Lump sum investment involves putting a large sum of money into an investment all at once. This approach is simple and can allow you to capitalise on market opportunities quickly. By investing a lump ...
Workers with defined benefit pensions may be offered the chance to collect a one-time, lump sum payment instead of monthly ...
Dear Quentin, When I leave my job, would I be better off taking a $61,000 lump sum to roll over into an existing IRA or, ...
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