Retirement Planning

Strategies for a Comfortable Retirement

Strategies for a Comfortable Retirement

Throughout your working years, it is essential to put good financial practises into place to guarantee a comfortable retirement. You may increase your chances of having a pleasant and financially stable retirement by carefully implementing these measures, allowing you to enjoy your later years with financial stability and peace of mind.

Central Government Approved EPFO Rates at 8.15% in 2022-2023

Central Government Approved EPFO Rates at 8.15% in 2022-2023

Recently, the center has cleared the interest rate of 8.15% of EPF funds, which was decided earlier in the year on March 28 by the Central Board of Trustees (CBT). The Ministry of Labour and Employment of the Government of India has cleared by a report on July 24 referring to this matter under para …

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NPS Benefits

NPS Benefits – You Should Know before Your Retirement

The Pension Funds Regulatory & Development Authority (PFRDA) governs the national pension saving scheme. A voluntary investment helps an individual get an extended income monthly after retirement. Once the income tenure gets completed, an individual can get a lump sum amount out of the NPS giving an ultimate value of income after retirement. Benefits of …

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401(k) Plan

401(k) Plan: A Comprehensive Guide to Retirement Savings

If you’re an employee working in America, you can take the incentive of the employee’s retirement savings plan. It was introduced in 1978 with the name of the provision of the Revenue Act, 1978.  In this act, if an employee serves under a company, he will get a particular percentage of his paycheck deducted for …

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Women Retirement Planning

Retirement Planning: A Top Priority for Indian Women

According to a recent study, retirement planning has emerged as the top priority for Indian women who invest in mutual funds. The study also revealed that women are more proactive when it comes to saving for their retirement as compared to men. The study conducted by a leading mutual fund house found that nearly 70% …

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Financial Planning For Senior Citizens

Financial Planning For Senior Citizens

2023 Guide to Financial Planning for Senior Citizens in India: Invest Smartly and Maximize Your Returns! As India’s population continues to age, financial planning has become an increasingly important aspect of senior citizens’ lives. With rising costs of healthcare, housing, and other expenses, it is crucial for senior citizens to be financially secure to maintain …

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EPFO

Employees’ Provident Fund (EPF): All About EPF Plan!

At the time they leave their place of employment, employees are entitled to lump sum payments from EPFO. Under the EPF program, employees contribute a portion of their monthly salaries. It is a great platform for saving the portion of your pay that will come in handy in case of an emergency. The EPFO is …

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