Received a windfall? Here is what to do next.

Sitting down with a professional, such as a financial advisor or an accountant, can go a long way toward getting things off ...

What to do with a financial windfall

Different types of windfalls get different tax treatment. You might not owe taxes on a cash inheritance or a life insurance ...

Inheriting an IRA? Advisors warn these 3 costly mistakes could drain far more of your windfall than you expect

For example, some beneficiaries choose to only take the RMDs and end up with a large remaining balance in year 10, which then ...
Yahoo Finance

If You Come Into a Windfall, Avoid These 5 Disastrous Financial Mistakes

Pretty much anyone who has ever struggled financially has dreamt of coming into a windfall. You know, like maybe a 100-year-old distant relative you’ve never met dies and leaves you their fortune. Or ...
Fast Company

How I spent my windfall of cash

For many people, a financial windfall isn’t necessarily a life-altering moment. Often, it’s quieter than hitting the jackpot or winning the lottery (which, in many cases, can actually make ...
Forbes

Windfall Taxes Are Politically Appealing, Especially If You Don’t Plan To Be Around When The Resulting Underinvestment Appears

Governments love windfall taxes. They offer a way to generate revenue from industries that are experiencing sudden, unexpected surges in profits. In theory, this seems like a good idea and politically ...
CBC.ca

Trudeau dismisses pitch to impose windfall taxes on energy, grocery sectors as 'simplistic'

The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Prime Minister ...