Explain some of the issues around transitional calculations to convert a lump sum under the lifetime allowance to the lump sum allowance Identify how these are calculated Describe which lump sums are ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. Macy’s will close its Triangle Town Center store, leaving two Triangle locations. Company cites focus on investing in stores and ...

Deciding whether to invest a large sum of money all at once or spread it out over time gives investors two strategies to consider: lump-sum investing and dollar-cost averaging. Both have their ...

There’s an old business maxim dating to the California gold rush: it’s easier to make money selling picks and shovels to aspiring miners than to strike it rich finding gold. Artificial intelligence is ...

DETROIT -- You wanted a pennant race? You got one. The Detroit Tigers (85-68) are still in first place in the American League Central with nine games to play, but their lead is more precarious than ...

With the Powerball jackpot reaching nearly $1.8 billion for Saturday night's drawing, there's been lottery fever in the air. If you're one of the lucky ones whose $2 ticket ends up worth millions, ...

LOOK at the news or social media these days, and you might see a pattern. Stories are about groups in conflict, competing for limited resources, with the gains for some framed as losses for others. If ...

Norway’s national lottery has apologized after thousands of players were mistakenly told that they had won large sums in the Eurojackpot draw due to a coding error ...

Why is the amount you receive from the Social security office when your spouse has died still only $255? It’s been that amount for years; one would think it would increase. If your loved one dies, ...

Zero-sum thinking is outdated. The future of growth is inclusive, abundant and collective. Unsplash+ Our economic narrative has been hijacked by a dangerous falsehood: the notion that the economy is ...

Before my recent student exchange trip to Hong Kong, a classmate from Hong Kong said something that stayed with me: “Hong Kong is not Hong Kong anymore.” At the time, I wasn’t sure what she meant. On ...

Warren Buffett picked the final minute of his 60th shareholder meeting to drop a long-awaited announcement that was still completely surprising for his fans, most of his board and even his successor.