The National Pension System (NPS) now allows retirees to systematically withdraw 60% of their corpus while the remainder ...

Payment of lump sum under the Contributory Pension Scheme, CPS, at retirement is very important to a potential pensioner ...

When considering where to put your money for retirement, you may have to choose between an IRA and an annuity. These ...

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As soon as you take more than your 25% tax-free lump sum, the amount you can contribute ... reducing the risk you'll run out of money. Buying an annuity involves swapping some or all of your pension ...

Private pensions and annuity income can also be exempt up to ... Upon retirement, account holders receive a lump sum or monthly payments. And though the money in pension funds is invested in ...

When you buy an annuity, you give an insurance company, bank, fintech or brokerage firm a lump sum or series of regular payments. In return, you get a guaranteed monthly income. Some annuities ...

Here she offers up twelve tips and ideas for 2025 based on her professional financial planning experience.

Chances are that if your children have recently left home, you have ideas about how to spend money freed up as household ...