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Leonard Pokrovski

added blog Personal Finance
2025-11-26 20:23:16 -

Are Pensions and Retirement Benefits Taxable? A Comprehensive Guide
Are Pensions and Retirement Benefits Taxable? A Comprehensive Guide Planning for retirement involves more than simply saving money—understanding how those savings will be taxed is just as crucial. Whether you receive a pension, withdraw from a retirement account, or access a government-provided benefit, taxation can significantly influence the amount of income you keep. The rules vary...

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Leonard Pokrovski

added blog Personal Finance
2025-11-27 18:48:57 -

How to Create a Retirement Income Plan: Turning Savings into Reliable Income
How to Create a Retirement Income Plan: Turning Savings into Reliable Income Building a retirement income plan may feel intimidating, but it’s ultimately about answering three questions: What will I spend? How long do I need my money to last? How should I structure my savings so my income is reliable? With a bit of forecasting and a clear strategy, you can convert a lifetime of savings...

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Leonard Pokrovski

added blog Personal Finance
2025-12-01 21:37:31 -

What Deductions Are Taken From My Paycheck?
What Deductions Are Taken From My Paycheck? (Tax, Health Insurance, Pension, Social Security, and More) Understanding your paycheck can feel confusing—especially when the amount you expect to see is noticeably larger than the amount that actually arrives in your bank account. That difference isn’t a mistake. It reflects a series of required and optional deductions that fund taxes,...

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Leonard Pokrovski

added blog Money
2025-09-17 20:13:09 -

What is National Insurance?
What is National Insurance? National Insurance (NI) is a system of contributions paid by workers and employers in the United Kingdom to fund various state benefits. Established in 1911 and significantly expanded in the mid-20th century, National Insurance plays a crucial role in supporting the social welfare system, including pensions, unemployment benefits, and healthcare provisions. How...

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