Tax-Smart Retirement Withdrawals: The Fine Art Of Not Giving Uncle Sam Your Lunch Money - Above the Law

Tax-Smart Retirement Withdrawals: The Fine Art Of Not Giving Uncle Sam Your Lunch Money - Above the Law

Every morning at about 6:47 AM, my 4-year-old daughter’s head pops off the pillow with the same urgent question: “What are we doing today?” I’ll be brutally honest – most mornings I’m just hoping for 30 minutes of uninterrupted coffee time. But she needs that roadmap. She needs to know what’s next. As adults, we often forget we’re wired the same way. You wouldn’t buy a house without seeing the contractor’s blueprint first. You’ll never see the f…

End Retirement Withdrawal Stress: 4 Popular Strategies to Consider

When a person finally decides to retire, they don’t quit their job one day, then liquidate their entire nest egg and stash it into a bank account the …

Pension frenzy: 55-year-olds taking lump sums surges – three things to consider before withdrawing early

Looming inheritance tax rule changes are expected to trigger more demand for pension cash among younger retirees in coming years, prompting experts to warn they could run out of money

Number of people making lump-sum withdrawals from their pensions as soon as they can reaches post-pandemic high of 120,000 - IFA Magazine

120,000 individuals made lump-sum withdrawals from their pensions as soon as they could last year*, up 10% on the previous year, says Lubbock Fine Wealth Management, the wealth management arm of Chartered Accountants and business advisors Lubbock Fine. The total value of those lump sum withdrawals by people aged 55-56 hit a five-year high of £2.2bn, also up 10% from £2bn. Lubbock Fine says rising cost-of-living pressures are likely pushing many …