You may fund a health savings account (HSA) with a high-deductible health insurance policy. Contributions to an HSA are ...

A fifth of people who withdraw a cash lump sum from their pension pot do so at the age of 55 but do not have a full ...

Those who decided to take their tax-free cash ahead of the Budget have not attempted to put it back, according to several ...

As many as 10% choose to take out their entire pension as soon as they are able to, according to Legal & General.

Making the first retirement account withdrawal is like achieving most other financial milestones; it requires organization ...

It’s finally time to start using the money you managed to save and invest over the years. But be careful: Taxes are just one of the tricky parts.

Penalty-free retirement distributions, casualty loss deductions and delayed tax filing and payments can all provide some ...

Katharine Photiou, managing director of workplace savings at L&G, said: 'People cash out their ... While you are able to withdraw 25 per cent of your pension pot at age 55 tax-free, the remaining ...

Last week the Treasury Committee launched a call for evidence on the Lifetime ISA, a type of tax-free savings account that helps people save for a house purchase as well as a pension.

If you’ve been affected by a major disaster, such as the wildfires in California, you may be eligible to tap your retirement ...

Take advantage of historically low tax rates to optimize your retirement savings and reduce your tax liability.