Financial services company Fidelity International says it is possible to save up to £18,800 with some clever tax-planning ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable ...

Inheritance tax (IHT) receipts have soared to £7billion between April 2024 and January 2025, according to the latest figures ...

We have no children, but were foster carers to two young girls, if we continue to be in reasonable health, and if we can ...

Our writer is determined to stop the Government from taking his hard-earned money In the letter below, sent to Telegraph Money, our writer describes how the Government’s inheritance tax raid on ...

to benefit from the seven year rule and avoid inheritance tax. I would need however to rent out three rooms and live in one room myself to afford the rent. Would this mean that I am still ...

“The 4% Drawdown Rule” for retirees ... be revised to 4.5% if tax-free and 4.1% for taxable. Over a longer period, Bengen stated that history leaned closer to a 7% average SAFEMAX rate ...

The so-called 4% rule has ... from 4% to 4.7%,” Fricke notes. Another investment strategy is the 60/40 portfolio. Structurally, the 4% withdrawal rule states that a 65-year-old retiree who ...

Conversions are subject to a five-year rule. This rule enables you to withdraw your converted funds penalty- and tax-free once the ... medical expenses exceeding 7.5% of your AGI for 2021.

Two out of five investors plan to withdraw more of their pension and either spend or gift the money to avoid inheritance tax ... to spend or gift before new tax rules come into effect.