I’m still mad about it,” says one taxpayer who was hit with a 10% penalty.

Avoiding the variety of mistakes that can occur during a retirement account rollover requires careful consideration.

As 2025 begins, it’s the perfect time to hit refresh on your financial goals that you may have procrastinated over the past ...

Here’s a retirement spending strategy that offers a realistic balance between frugality and outliving your savings by ...

Social Security plays a big role in your retirement planning -- but you shouldn't bank on it. Here's what to do instead.

On the state level, though, the rules are different. A total of 41 states don't tax benefits, but nine do. If you live in one ...

Answer: Owning two buy-to-let properties outright and seeing them as your retirement fund makes sense on paper. Property can ...

Taking money out of a Roth individual retirement account without triggering income taxes or penalties is trickier than you ...

Robert, a do-it-yourself investor, wonders if his strategy of living mainly on dividend income is sustainable. “My wife and I ...

As with an IRA, you have until April 15 to make a 2024 contribution. For the 2024 tax year, individuals can contribute up to ...

For those fortunate enough to retire well ahead of 65, money may not be a worry — but it certainly remains a concern.

Let’s say, for ease of round numbers, you have a pensions pot of £50,000 which grows at five per cent per year. If you pay ...