The Latest Breaking News on Personal Finance

4 Household Expenses You Should Never Pre-Pay in Retirement

You might think locking in a rate saves you money, but financial flexibility is the real secret to keeping cash in your pocket for these bills.

Kiplinger · Aug 4

67% higher EPS pension? How Rs 25,000 EPF wage ceiling could increase your monthly payout

EPF wage ceiling: The Employees Provident Fund wage ceiling may increase to Rs 25,000. This change will bring more employees under the EPF and EPS schemes. Employees' in-hand salaries might decrease while their retirement corpus grows. The Employees Pension Scheme pension will likely increase significantly for eligible members. This revision…

The Economic Times · Aug 4

Are British Pensioners Falling Behind? UK State Pension Still Trails Europe Despite Triple Lock Rise

The UK's state pension rises under the triple lock, yet comparisons with European systems highlight concerns about pensioner support and financial security in retirement.

International Business Times UK · Aug 4

New chancellor urged to make pension pledge and avoid Rachel Reeves’ £10bn mistake

The former chancellor failed to shut down rumours that lump sum withdrawals would be taxed

The Independent UK · Aug 3

After Decades of Investing, Your Biggest Winner May Now Be Your Biggest Risk

It can be hard to let go of stocks that have served you well, especially when a hefty tax bill results. What are the options when holding on becomes too risky?

Kiplinger · Aug 3

The 7 RMD Tax Traps Waiting for You in Your 70s — and How to Start Disarming Them in Your 60s

RMDs can have a serious knock-on effect on your finances in retirement. The key is knowing what's at stake and taking action way before the IRS comes calling.

Kiplinger · Aug 2

5 Beneficiary Form Errors That Can Override What a Will Says

A will feels like the final word in an estate plan, but certain accounts follow a different rulebook. Beneficiary forms attached to retirement accounts, life insurance policies, and other financial products can direct money somewhere completely different from what a will says.

The Free Financial Advisor · Aug 2

Social Security Adjustment in 2027: Maximum Monthly Benefit Could Reach $5,378 Under 3.8% COLA

Economic forecasts predict a 3.8% Social Security adjustment for 2027, potentially raising maximum monthly benefits to $5,378, offering a financial lifeline for American retirees.

International Business Times UK · Aug 2

Ages 60 to 63: How the New Catch-Up Contribution Rules Change Retirement Saving

Retirement planning sometimes feels like a race where the finish line keeps moving. For workers ages 60 to 63, new 2026 catch-up contribution rules create a bigger lane for saving during those important final working years. The change gives eligible employees a chance to put more money into certain workplace…

The Free Financial Advisor · Aug 2

Cleaning expert reveals the important reason you should avoid cleaning windows during sunny weather

Waiting for a hot day to tackle your window cleaning? You might want to hold off, as Lynsey Crombie reveals the best time to do it instead

Woman & Home · Aug 1