Some companies want to limit their pension obligations by offering employees a one-time payout. Here's what you should ...

Dear Quentin, When I leave my job, would I be better off taking a $61,000 lump sum to roll over into an existing IRA or, ...

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 ...

Investing Rs 8 lakh and getting around Rs 1,39,500 for 30 years may sound tempting. But if one uses the combination of the ...

To qualify for a home equity loan—and get the best interest rate—you usually need to have a good to excellent credit score ...

When Mr A deposits the amount in an FD in favour of his wife, interest earned on it shall be clubbed with the income of her ...

Tax rates on long-term capital gains (LTCG)—investments held for more than a year before being sold—from equity are taxed at 12.5% if sold after 23 July 2024 and 10% for those sold before this ...

The cabinet on Wednesday approved amendments to the bill regulating multiple pensions for state officials, removing a provision that would have taxed retirement lump sums. Following the meeting ...

Q. I am 44 years old and have recently received a payout from a critical illness insurance policy. I now have a lump sum, tax-free, amount of $300,000 and have to figure out how to invest it. I earn ...

Barbara Nelson of Saint John, N.B., has worked at the same chain restaurant for many years. Most mornings, she picks up a Scratch’N Win lottery ticket on her way in and plays it in the break room ...

Hopper said a lot people don't have the extra cash flow to make an extra payment, but if you're lucky enough to receive a bonus at work or a tax refund, that can be used to make a lump-sum payment ...