Make the most of tax relief before April – most people can contribute up to £60,000 a year, or 100 per cent of their earnings if lower, into their pension and benefit from tax relief. You may also be ...

Michela Allocca says financial freedom doesn’t begin with budgeting or investing. Instead, she argues that the real first ...

For one thing, gains in a Roth 401 (k) are tax-free, and withdrawals are tax-free as well. You might assume that you'll be in a much lower tax bracket in retirement. But if you bring a lot of savings ...

Before you start socking away money for retirement, you'll need to pick an account type. But choose wisely -- because it'll shape your tax bill today and potentially decades from now.

I have run my own business for the past ten years and while I have put some money aside into a pension, it hasn't been as much or as regularly as I should have done.

Converting your traditional individual retirement arrangement (IRA) or 401(k) account to a Roth IRA often appears to be a ...

If you’re over age 73, your first stop for withdrawals is those accounts that carry required minimum distributions, or RMDs, such as traditional IRAs and company retirement plans. (You’ll pay ...

Paying 32% today to avoid up to 18% later is generally a poor trade-off. Few retirees face a top-bracket tax rate on every ...

When planning investments, understanding how returns are calculated is often the first step. While markets and instruments vary widely, some investors begin by exploring basic interest concepts before ...

Age 55 is highlighted as a pivotal point for considering early retirement and associated financial strategies. Roth conversion strategies can enhance tax efficiency when retiring early, especially ...

Discover a common 401k mistake that could be costing you millions. Learn how to optimize your retirement plan for long-term wealth building and financial freedom. House Oversight Committee recommends ...