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This is Money on MSN.com · 8d

Can I take my 25% tax-free pension lump sum in separate slices? STEVE WEBB replies

I'm approaching 55 and have the option to take 25% of my private pension in December - can I just take 10% and the rest of my tax-free cash later?

MSN · Jul 15, 2024

Will Labour end the 25% tax-free pension lump sum and should I take mine now to protect it?

Is there any advice that you could offer to mitigate against the potential pension tax increases please? In particular, if the 25 per cent tax-free allowance is removed, would you advise on ...

Investors Chronicle · 28d

When to take a tax-free lump sum from a final-salary pension

Defined-contribution pensions tend to offer a good level of flexibility when it comes to taking your 25 per cent tax-free lump sum. If you have a final-salary pension, although you get to enjoy a regular income that is typically inflation-linked ...

AOL.co.uk · Mar 28, 2025

Should I withdraw a lump sum from my pension, what are the taxes and what are the alternatives?

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 ...

This is Money · 11d

How to top up your work pension for easy investing with a tax relief boost

Our pensions columnist ... the opportunity to withdraw a 25 per cent tax-free lump sum when you decided to retire; and lower investment charges which are capped at 0.75 per cent on 'default ...

HMRC tax code warning the three digits that mean you’re owed cash

RETIREES could be due a tax refund worth thousands — simply by spotting three key digits on their payslip. Over 15,000 people claimed back an average of £2,881 between January and March this year

The Daily Telegraph · Mar 20, 2025

Pension fraud victims forced to pay taxes on stolen money

The first 25 per cent taken out of a pension is tax-free, but only if withdrawn after you reach the age of 55. Before then, HMRC treats it as an unauthorised payment, even in cases of fraud.

Which · Apr 6, 2025

Pension tax calculator

From age 55, if you have a defined contribution (DC) pension (where you've built up pension savings over your working life), you can take a 25% lump sum tax-free; you can take more, but you'll pay income tax on anything above 25%. If you leave your pot ...

Kiplinger · Aug 12, 2023

States That Don't Tax Pension Income in 2025

Pension plans can help cover everyday expenses and enhance financial security, and are eligible for certain tax benefits. That being said, some states are more tax-friendly than others when it ...

Government Executive · 5d

Don’t get stuck with a tax bill in retirement: The federal retiree's guide to tax withholding

While tax withholding is automatic while working, retirees face the responsibility of ensuring their income is withheld for federal and state taxes. With that in mind, here are some options to be aware of.

The Globe and Mail · 21d

Why multiple pension plans can mean multiple tax challenges

Patrick Caffrey, financial advisor at Raymond James Ltd. in Vancouver, notes that foreign pensions often have a 25-per-cent withholding tax. The pension’s taxes will need to be included as a ...

Citizen Digital · 4d

'Pension to be tax-free from next year,' President Ruto announces

President William Ruto has announced that pensions and gratuity payments for workers both in the private and public sectors will be tax-free beginning the next financial year.

This is Money · 8d

Can I take my 25% tax-free pension lump sum in separate slices? STEVE WEBB replies

This would allow you to go on getting tax-free investment growth on the balance of the 25 per cent you have withdrawn. Turning now to more traditional salary-related or defined benefit pension ...