Should I use the lump sum now to cut out mortgage payments on my buy-to-let, or leave the cash to hopefully grow in value for ...

The winner of Friday’s Mega Millions lottery drawing will receive an estimated $1.22 billion — the fifth-biggest jackpot in the game’s history — but only if they forgo the immediate lump-sum payment ...

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

But fears that Chancellor Rachel Reeves would slash the tax-free allowance to £100,000 in the Budget prompted a spike of savers to request to withdraw their pension lump sum. Savers acted on the ...

Navigating the complexities of pension taxation can be daunting, but understanding the nuances can help retirees manage their ...

Nearly three million federal and municipal workers will receive a lump-sum payment of thousands of dollars to make up for the shortfall in benefits they should have received in 2024 under a new law ...

Fund managers professionally manage NPS investments for optimal asset allocation between equities, government securities, ...

You become eligible for Section 89 (1) relief when you receive arrears of salary, advance salary, or a lump sum family ...

Each employee usually has the choice to accept a lump-sum payment from the pension at the time of their retirement or to receive monthly income payments. Capital gains tax is due on realized ...

Offer ends 8 Jan 2025. Any money left in a pension by someone who dies under the age of 75 can be inherited tax-free. This can be taken by your beneficiaries as a regular income from your drawdown ...

Amid fears that the cap on the 25 per cent tax-free lump sum could be cut from £268,275 to as low as £100,000, pension providers saw a spike in those taking their lump sums this autumn. After the cap ...