What is the F.I.R.E Movement? How cool it could be if we could get off all of our financial, career, emotional and physical burdens and enjoy our lives recklessly? Your dreams might come true, as a lifestyle and monetary strategy called F.I.R.E. (Financial Independence, Retire Early) aims to achieve financial independence and retire far earlier …
Aren’t we all worried about our futures? People may say that only love can cherish your old hood phase but is that true? Money may not bring joy but we shall all agree that it brings stability and assurance! However we all know we are empowered by the government via the NPS( National Pension Scheme) …
NPS vs Mutual Funds! Which is best for Retirement Planning? Read More »
You are not eligible to make further contributions to a Public Provident Fund (PPF) account as a Non-Resident Indian (NRI). NRIs aren’t allowed to register new PPF accounts or keep their current ones active, per Reserve Bank of India (RBI) regulations. NRIs who held PPF accounts prior to becoming NRIs are still able to do …
I am an NRI, can I continue my PPF account after? Read More »
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.
Retiring early with the desired amount is like a treasure trove. However, it may look quite impossible when you’re just starting out a new career or job. Don’t fret about it. With the right allocation and prudent planning, one can start their journey towards as early as 20 years old. By adhering to the valuable …
Employees’ provident fund, popularly known as EPF fund is an important fund for employees carrying many benefits for such employment. However, it is often noted that employees face consequences for not using the PF in the right way. It is associated with an authorized process, which the employees need to follow to acquire such a …
A Quick Guide to PF Withdrawal – How to Withdraw PF Amount Online? Read More »
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 …
Central Government Approved EPFO Rates at 8.15% in 2022-2023 Read More »
In today’s fast-paced world, planning your retirement has been a cake walk. When the golden years of our lives are spent, it is now the potential time to live a financial risk-free life of our retirement. Well, saying that now it’s possible in the world of the internet. In this day, we can access a …
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 …
NPS Benefits – You Should Know before Your Retirement Read More »
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 …
401(k) Plan: A Comprehensive Guide to Retirement Savings Read More »
