Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings. But understanding the rules is crucial if you want to make the most of ...

Congress finally fixed a decades-old Social Security injustice last year, and many retirees thought they’d won. But then came ...

The tax-free pension lump sum has its problems, but is limiting the allowance actually a good idea, asks Daniel Herring In order to plug the holes in her upcoming Budget, Rachel Reeves is reportedly ...

Rachel Reeves has been warned that cutting the tax-free amount people can withdraw from their pension pots would be self-defeating and “hit responsible savers who have diligently put money aside”. The ...

I, and maybe others, would find it interesting for you to outline how the tax-free lump sum is now calculated in relation to defined benefit pensions. How does it interact with the “new” allowances?

Add Yahoo as a preferred source to see more of our stories on Google. On Friday night, someone could win a $1.22 billion Mega Millions jackpot. It might even be you or me. (Probably not.) Lottery ...