Currently, those over the age of 55 can take 25 per cent of their pension pot tax-free up to a £268,275 cap. There are ...

Someone aged 55 who decided to take out their full lump sum allowance from a pension pot worth £500,000 and add it into a ...

Someone who takes their full 25 per cent pension tax-free lump sum at age 55 could lose out on more than £63,000 in potential ...

What will the extra lucky winner do with their $490 million Powerball Jackpot? The odds of winning the jackpot are 1 in 292.2 ...

On the other hand, a one-time lump sum alimony is generally treated as a capital receipt and therefore not taxable in the ...

Bob Gorman felt forced into taking his pension lump sum early last year - and now feels conflicted because his partner is ...

Panicked savers who withdraw tax-free pension cash face losing out on thousands of pounds over a decade, analysis shows.

The tax-free pension lump sum could be changed by the Labour Party government in the upcoming Autumn Budget, it has been warned. State pensioners face a rule change for the first time in 20 YEARS, it ...

Combined income is your adjusted gross income plus any tax-exempt interest and half your Social Security benefit.

HANOI: The Ministry of Finance has approved a comprehensive plan to abolish the long-standing lump-sum tax regime for ...

Find best methods to reinvest your gratuity and PF once you retire. Find out how secure, tax-efficient options may help ...

Here are Saturday’s winning lottery numbers: The estimated Powerball jackpot is $467 million. The lump sum payment before taxes would be about $218.1 million.