Key Points Taking a lump sum payout on a pension could mean shorting yourself on income overall. It’s important to calculate ...

If you’re like most seniors, you’ll rely on  Social Security to provide a good portion of your income once you retire. But, ...

HMRC has warned there are "only two months left to boost State Pension by filling gaps in National Insurance records from ...

The DWP Minister’s comments came after Labour MP Paula Barker asked about support for older people making a Pension Credit claim. The income boost will be worth around £4,200 this year and unlocks ...

Did you know that, in most cases, you must start taking required minimum distributions (RMDs) from your retirement accounts ...

WE’RE all counting down the days to when we can finally put our feet up and retire – but how many years of slog do YOU have to go? Because of the way the state pension is calculated, ...

Thousands of people have added £35 million to their State Pension pots by filling in gaps in their National Insurance record, HMRC has announced. A combined 68,673 years have been added to people’s ...

HM Revenue and Customs ( HMRC) launched an online tool last year to help people check their records and fill in gaps more easily. Since then, the tax authority reported that 37,000 individuals have ...

Fixed deposits are one of the safest and most reliable investment options available. However, estimating the returns ...

The Department for Work and Pensions (DWP) has recently confirmed that nearly 78% of all new Pension Credit claims are ...

The Department for Work and Pensions has provided an update on Pension Credit claims, and it could mean more support for ...

The main difference between retirement plans are how they treat contributions and taxes on withdrawals during retirement.