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  2. Best tax software for 2025: 5 low-cost and premium options to ...

    www.aol.com/finance/best-tax-software-110528837.html

    What H&R Block offers. H&R Block combines online software with in-person support at more than 12,000 physical locations across the U.S. and around the world. H&R Block offers a free DIY tax return ...

  3. Income drawdown - Wikipedia

    en.wikipedia.org/wiki/Income_drawdown

    The taxable amount is the amount due to be paid in the tax year under the terms of the contract: so the pensioner may have to pay income tax in a particular tax year even though he/she did not actually get the payment in that tax year.] [10] The 25% tax free lump sum for pensions can be spread across multiple years, so for example, each year 25 ...

  4. Michigan retirees run into some early software roadblocks and ...

    www.aol.com/michigan-retirees-run-early-software...

    The tax software he was using from H&R Block, he said, didn't recognize that as a qualified retired sheriff's deputy, he's able to deduct his entire pension, regardless of his age and the amount ...

  5. How Much Tax Should I Withhold From My Pension?

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  6. Retirement spend-down - Wikipedia

    en.wikipedia.org/wiki/Retirement_spend-down

    The appeal of retirement age flexibility is the focal point of an actuarial approach to retirement spend-down that has spawned in response to the surge of baby boomers approaching retirement. The approach is based on personal asset/liability matching process and present values to determine current year and future year spending budget data points.

  7. Personal pension scheme - Wikipedia

    en.wikipedia.org/wiki/Personal_pension_scheme

    On 6 April 2015, new pension rules for drawdown giving greater flexibility came into effect. They apply to people aged from 55 (57 from 2028) with private pensions, where they and/or their employers have saved up a pot of cash for retirement, technically known as a "defined contribution" or "money purchase" pension scheme.

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