The tax treatment of many retirement products has changed in recent years. Find out how to get past these changes to make your nest egg tax efficient.
Related news
In a controversial move, the UK government has abruptly ended two schemes that provided sanctuary to over 34,000 Afghans, sparking outrage. The closure affects the Afghan Relocations and Assistance Policy (ARAP) and the Afghan Citizens Resettlement Scheme (ACRS). Critics, like Dr. Nooralhaq Nasimi, condemn the decision as discriminatory, highlighting the plight of vulnerable Afghans still in danger.
An Indian Naval ship, deployed in the Gulf of Oman, swiftly responded to a distress call from MT Yi Cheng 6, a Palau-flagged vessel with 14 Indian crew members. The ship experienced a major engine room fire and power failure while traveling from Kandla, India, to Shinas, Oman.
D'Angelo Russell, after concluding the season with the Brooklyn Nets, is reportedly targeted by the Dallas Mavericks in free agency. The Mavericks are preparing a two-year, $12 million offer to address the void left by Kyrie Irving's injury. Despite Russell's expressed desire to remain in Brooklyn, the Nets' shift towards a younger roster makes his future uncertain.
Elon Musk wants the International Space Station to shut down. He suggests focusing on Mars missions instead. He thinks the ISS is old and costly. NASA plans to deorbit the ISS by 2030. Some support Musk's Mars vision. Others worry about losing ISS research and partnerships. A gradual shift is a suggested solution. The debate continues.
Acton’s childhood reads like a Dickensian nightmare set in Youngstown: parents divorced at three, sexual abuse by her stepfather, a basement below an antique shop for a home, a tent for a winter roof. Yet she rose – accelerated medical programme, public health leadership, compassion burnished by lived trauma. When Republican Governor Mike DeWine, a Bush-era conservative, picked her in 2019 to tackle Ohio’s opioid crisis, neither realised she’d soon lead a war on a silent, mutating enemy.
Donald Trump received news of his tax bill's Senate passage during a Florida roundtable. The 'One Big Beautiful Bill Act' passed 51-50, with Vice President JD Vance breaking the tie. Three Republicans dissented over healthcare cuts and debt. The bill makes Trump's tax cuts permanent and introduces no taxes on tips. It includes Medicaid and food stamp cuts.
President Trump accuses Democrats of leaking intelligence regarding a U.S. strike on Iranian nuclear sites, calling for prosecution. The FBI is investigating the leak of a DIA report suggesting the strikes were ineffective, with the administration suspecting a personal grievance against Trump motivated the leaker.
The Delhi High Court has issued an interim injunction against Patanjali, owned by Ramdev, preventing them from running disparaging advertisements against Dabur's Chyawanprash. Dabur alleged that Patanjali's ads made false statements, denigrating their product by claiming that other manufacturers lack the knowledge to prepare 'original' Chyawanprash. The court's decision came after Dabur argued that Patanjali's ads specifically targeted their '40+ herbs' USP, portraying it as inferior.
Shubman Gill's captaincy led India to a dominant 336-run victory over England at Edgbaston, marking their first win in the ongoing five-match Test series and earning them 12 WTC points. This victory, India's biggest-ever away Test win, levels the series at 1-1. Australia currently lead the WTC standings with a perfect PCT, while India and England are joint-third.
Ahead of the crucial second Test against England at Edgbaston, India grapple with key selection dilemmas. Jasprit Bumrah's potential inclusion remains uncertain, while captain Shubman Gill hints at strategic changes following their Leeds defeat. The team is considering bolstering their spin attack, possibly including Washington Sundar or Kuldeep Yadav alongside Ravindra Jadeja.