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The Latest Breaking News on Personal Finance

New RMD Rules: Starting Age, Penalties, Roth 401(k)s, and More

The SECURE 2.0 Act makes major changes to the required minimum distribution rules.

Kiplinger

Secure Act 2.0: Its Highlights, Its Limitations

Secure Act 2.0 makes it easier to save for retirement. But the fine-print is full of restrictions, which we translate into plain English.

Investors Business Daily

More than £1m in support on its way to families with children eligible for Free School Meals

Nearly 18,000 households with children entitled to free school meals have been sent a letter and winter support payment offered

Nottingham Post

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All the DWP Cost of Living support in 2023 - and who's eligible for the £900 payment

A range of measures have been announced to help people with the soaring cost of food and energy

Nottingham Post

Older people could be due weekly State Pension boost of up to £278 this year

Family members could use the festive period to help older relatives check eligibility for Pension Credit.

Daily Record

Households ‘could save over £1,000 a year’ by making five switches

Common energy-saving upgrades recommended for homes include low-energy lighting, boiler replacement and insulation

The Independent UK

People on PIP moving to new disability payment this year may see other benefits stop

If you do not report the change to DWP, HMRC or local council, other payments may automatically end.

Daily Record

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DWP benefits older people can no longer claim when they reach State Pension age

There are two benefits people over 60 may be eligible to claim now that could carry over into State Pension age.

Daily Record

DWP benefits getting paid early for Christmas starting to land in bank accounts today

People who receive benefits such as Universal Credit and Tax Credits are being urged to contact the authorities as soon as possible if their payments have not arrived

Chronicle Live

New petition calls for people to earn £20,000 before paying tax during cost of living crisis

The current standard Personal Tax Allowance threshold is £12,570.

Daily Record

Check if you will be due £150, £300 or £900 cost of living payments this year

Full list of benefits that qualify for the new package of support worth £26 billion in 2023/24.

Daily Record

Thousands could be at risk of a 55 per cent tax bill due to pensions changes

Jeremy Hunt and predecessor Rishi Sunak have caused a big problem for those saving for their pension

Nottingham Post

We went to Home Bargains and found last-minute Christmas stocking fillers for under £10

The retailer still has quite a selection of gifts available for under £10.

Daily Record

TikToker shares 'brilliant' energy saving trick to wash dishes without turning on hot tap

A number of people have praised the idea, which involves re-using energy created while using the oven - here's how it works

Chronicle Live

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The Independent UK

How to stick to New Year money resolutions, according to a psychologist

These simple strategies could help keep your 2023 spending goals on track. By Vicky Shaw.

Liverpool Echo

Many DWP claimants could be due almost £7,000 each in backpay

The DWP will complete a correction exercise in 2023 after thousands of people have been underpaid

The National (Scotland)

UK Government urged to boost social security Christmas bonus payment

THE UK Government is being urged to increase its £10 Christmas bonus in line with the rate of inflation to bolster support for households over…

Daily Record

Universal Credit claimants with any of these health conditions could be due up to £156 extra every week

If you need help due to an illness, disability or mental health condition you may qualify for extra financial support from DWP.

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news in one place.

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Nottingham Post

'Concern' over Hucknall market as decision on town's £11m funding bid delayed

Shoppers were disappointed over the delay

Daily Mirror

Savvy mum saves £10,000 by being thrifty - and she can show you how to do it too

Mum-of-two Rae swears by secondhand and refurbished shopping as a way to reduce waste and save some cash and says that renting Christmas presents this year “just makes sense”

The Independent UK

How to protect your retirement savings as living costs rise

Worried about the cost-of-living crisis impacting your pension? These expert tips could help, says Vicky Shaw.

Wales Online

Everything credit unions can do to help your finances and how to apply

Here is everything you need to know about credit unions and how they can provide you safe financial relief as opposed to illegal loan sharks

Daily Record

Energy saving tip uses free heat for washing up without turning on hot tap

This method could come in handy for when you need to get any dishes clean after Christmas dinner.

The Independent UK

Martin Lewis warns households of ‘surprise’ energy bills hike

TV money-saving expert calls on business secretary to intervene: ‘It does not seem fair’

Manchester Evening News

DWP £900 Cost of Living Payment - everything we know so far

The government will issue an extra cash boost next year to help support vulnerable households

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