The Social Security Fairness Act provided more than 2.8 million beneficiaries with higher payments. Here's what to know about reporting that income to the IRS.

You can take withdrawals from your 401(k) before you retire but in most cases you will pay a penalty in addition to income ...

Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings. But understanding the rules is crucial if you want to make the most of ...

The tax-free pension lump sum has its problems, but is limiting the allowance actually a good idea, asks Daniel Herring In order to plug the holes in her upcoming Budget, Rachel Reeves is reportedly ...

For many people, a tax refund is the largest lump sum of cash they will see all year. This filing season, those refunds may ...