Inherited IRAs offer financial opportunities to beneficiaries but you must understand the 10-year rule to optimize your ...

Should I invest this in a retirement annuity (RA), unit trust or tax-free investment? Answer: Each of these products has its own tax structure in terms of tax breaks when you invest the money; tax on ...

This includes being able to take some of your pension as a cash lump sum, with 25pc of this being tax-free. Here, Telegraph ...

Once you reach age 55, you can start to make withdrawals from your pension, including a 25 per cent tax-free lump sum - the minimum age is rising to 57 in 2028. You can either withdraw the whole ...

For many savers, being able to take 25% of their pension savings as a tax-free lump sum when they reach retirement is one of the main attractions of private pensions. While there are many ...