The tax-free pension lump sum is a key feature of retirement planning for millions of people who are budgeting for their ...

Tax efficient withdrawal options depend heavily on relative balances in tax-deferred, tax-free and taxable accounts.

I'm 71 years old and my current Thrift Savings Plan (TSP) balance is $315,000 after withdrawing $60,000 this year. This is ...

Here are a few ideas for keeping more of your retirement-account balance in your hands — and out of Uncle Sam’s. Pay now, not ...

Withdrawing from retirement funds early often incurs a 10% penalty. Taxes on withdrawals depend on your current tax bracket. Consider rollovers to avoid penalties and preserve savings growth.

Cashing out your 401(k) to pay off a mortgage might mean facing a big tax hit. I am contemplating taking all that I have ...

My understanding is that if I withdraw amounts up to my standard deduction, then those amounts would be tax-free. Retirement withdrawals, Social Security benefits, required minimum distribution ...

My wife and I are fast approaching 40, so this is our last chance to get a Lisa. Is it worth it? Or would we be better off ...

As you approach retirement, one of the most critical decisions you'll face is how to strategically withdraw from your hard-earned savings. It's not just about having enough money — it's about ...

Although the two-pot retirement system was implemented to help consumers in an emergency, it could cause a bigger emergency for everyone. Almost two months and more than R21 billion later, pension ...

John's Traditional and Roth IRAs have grown cash reserves since 2020. Learn why holding cash in today's market is a smart ...

Our reader is keen to retire early and wonders if a high-octane investment approach will help. Dave Baxter takes a look ...