Currently, for non-government subscribers with a corpus above Rs 12 lakh, up to 80 percent can be withdrawn as a lump sum ...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

Courts have held that lump-sum alimony received under a divorce settlement is a capital receipt outside the scope of taxable income. However, periodic maintenance payments remain taxable in the ...

The reader has questions about his lump sum allowance before he retires ...

Some Americans could get new Social Security lump sum payments now that several senators are pushing the Social Security Administration (SSA) to update their retroactive payments policy. Last year, ...

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

A delayed annuity is a life annuity with payments beginning later, offering financial security through a steady cash stream ...

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 ...

There's a new Powerball winner! One lucky lottery ticket won the jackpot worth $251 million in the latest drawing. (AP Photo) ...

Plus: “No tax on tips” gets more complicated, Taxing Social Security benefits, tax season filing statistics, Taxes From A to ...