E-PaperRetirement Planning News
EPFO Pension Rules: 5 key things you need to know for financial security
Meeting the EPFO's requirement of 10 years of service is essential, but merely reaching the age of 58 doesn't automatically qualify an individual for a monthly pension under the Employee Pension Scheme.
1 min read15 Apr 2024How to merge multiple EPF account UANs? A step by step guide
Consolidating UANs requires notifying the EPFO and subsequently transferring funds from your inactive UANs to your active UAN.
1 min read15 Apr 2024The new magic number for retirement is $1.46 million. Here’s what it tells us.
There is no single formula for how much you need to save in your 401(k).
4 min read2 Apr 2024NPS: 5 key considerations for retirement planning in India 2024
Consider key factors before investing in NPS for retirement planning in India 2024, including diversification, inflation protection, contribution flexibility, and professional fund management.
1 min read27 Mar 2024Retirement planning: 5 things to remember while investing in NPS
The NPS is a long-term retirement savings scheme for Indian citizens, offering diversification, tax benefits, and professional fund management. It consists of a dual-tier structure, requires long-term commitment, allows asset allocation choices, and is managed by professional fund managers.
2 min read26 Mar 2024NPS schemes gave upto 39 percent return on equity investment in the past 1 year. Details here
There are 10 pension fund managers of NPS and their return varies from one to another. The maximum return of 39.74 percent was given by Tata-Pension Fund.
2 min read25 Mar 2024Retirement planning: 4 golden rules for small business owners
Small business owners face unique challenges in retirement planning due to cash crunch, absence of retirement provisions, and balancing business investments with personal savings. Implementing the 20:20 rule, 30X thumb rule and insurance strategies can help navigate these challenges.
2 min read7 Mar 2024Your Questions Answered: I am about to retire. How can I take advantage of international retirement plans?
Consider cross-border investments and international retirement plans for portfolio diversification and increased retirement savings.
2 min read2 Mar 2024Retirement planning: This Life Insurance policy will help you retire early
LIC's Jeevan Dhara policy caters to early retirement goals with financial security, flexible options, and tax benefits
2 min read1 Mar 2024Senior Citizen Savings Scheme mop-up spikes over two times, says report
The maximum deposit limit for Senior Citizen Savings Scheme has been enhanced to ₹30 lakh from ₹15 lakh and it has been made effective from April 1, 2023.
1 min read27 Feb 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared