Courts have held that lump-sum alimony received under a divorce settlement is a capital receipt outside the scope of taxable ...

Currently, for non-government subscribers with a corpus above Rs 12 lakh, up to 80 percent can be withdrawn as a lump sum ...

Discover how the pension recalculation date determines lump-sum pension offers and how it's calculated, along with why the timing can affect the total payout.

Volatility in equity markets often raises a key question for investors — should they continue investing through a Systematic Investment Plan (SIP) or deploy money through a lump sum investment.

Learn what counts as taxable pension income, how much you can take tax-free, and how to check the HMRC guidance.

A homeowner with about $20,000 in extra cash faced a common personal finance dilemma: spend the money on something fun or put it toward the mortgage. They chose the fun option, buying a used ...

Understanding the difference between SIP, STP and SWP is important because each method addresses a different investment need ...

Paying off your mortgage early saves you money on interest but it can also change your tax situation. Once the mortgage is gone you lose the mortgage interest deduction, which may reduce the total ...

Paying off a personal loan early can save interest, but it’s not always the best use of extra cash. Here’s how to weigh the math, penalties, and other priorities.

The end of the tax year is always a good time for a portfolio review: allocating your Isa allowance, thinking about your overall strategy, trimming positions here and there, and sometimes making more ...

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Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...