When you invest in a mutual fund, inflation impacts your return, and you also pay a tax on capital gains. In such a way, the ...

You could choose to only take the 25pc tax-free lump sum, leaving the remainder of your pension invested. When you withdraw the remaining funds, they will be taxed as income.

Continue reading → The post How to Avoid Taxes on Lump Sum Pension Payout appeared first on SmartAsset Blog. Unfortunately, many of these distribution methods result in a tax liability that ...

Compounding increases savings exponentially by reinvesting earnings. Calculate compounding on a lump sum using initial amount, rate, and time. Long-term investing significantly amplifies the end ...

However, you can avoid taxes on a lump sum by rolling … Continue reading → The post How to Avoid Taxes on Lump Sum Pension Payout appeared first on SmartAsset Blog.