We look at some of the more critical aspects of beneficiary nominations, tax implications and what can go wrong if things ...

When you leave an employer and an employer-sponsored fund (pension, provident or umbrella fund), you will have to decide what ...

Winning a lawsuit can bring financial peace of mind, but a lump sum windfall can produce certain pitfalls that a structured settlement may avoid.

When people think about retirement planning, they worry about setting aside enough money and hope they won't outlive their funds. Fewer people think about the impact that taxes will have on their ...

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, ...

Rs 5 crore is a large amount for most Indians today. It can help most people have a financially free retirement! But if you ...

One in 10 South Africans will live to the ripe old age of 100, so if you decide to retire at 65, your savings may need to ...

An annuity can provide a steady and reliable stream of income in your retirement years. The three common types have varying ...

Can where you live affect how much of your retirement income you keep? As a matter of fact, it can. A small number of U.S. states are very tax-friendly to begin with, while the majority of states ...

Lump sum or annuity payments? Single-life benefits or joint-and-survivor benefits? Once you explore the risks and hidden costs, the right pension answer for you could come down to control.

Why do Social Security beneficiaries only receive a lump sum benefit of $255? Other pressing economic issues haven’t made it a priority. But some lawmakers want to raise the amount.

Central Government employees under the Unified Pension Scheme (UPS) now gain retirement and death gratuity benefits up to Rs 25 lakh, as per the latest rules. This adds to the existing lump-sum ...