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I want to retire in 5 years with my two pensions, but I’m worried I’ll be ‘taxed quite highly.’ Who can help me?I am currently paying into my superannuation — a savings system for workplace pensions in retirement in Australia — trying to build up my pension savings and also making catch-up contributions ...
As interest rates increase, the value of a pension holder’s lump sum could decrease. Because of this, I am seeing more pension holders who want to take a lump sum do so now vs. waiting.
Social Security Administration says it is immediately starting to pay retroactive benefits due to more than 3.2 million retirees.
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