Dear Charlene, I was worried about the tax-free cash limit being cut to £100,000 in the Budget, so I took mine out the week before. I’m only 58, and the cash (which I don’t really need), is just ...
The tax-free pension lump sum is a key feature of retirement planning for millions of people who are budgeting for their future. If you are aged 55 or over, you are entitled to take up to 25pc of your ...
Because that morning when I looked at my phone and saw the date, I knew I was revisiting one of my saddest days ever. It was the three-year anniversary of losing my dad. Denise Malloy has been ...
Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves weighing several personal factors. You need to consider how long you ...
You can take a tax-free lump sum from your pension when you turn 55. We explain how the rules work and what to consider before accessing your money in this way. When you save into a pension you ...