It is important not to ignore retirement planning and understand how much corpus you will need for retirement.
With the rise in medical and consumption costs, it is highly advised to have a good retirement corpus in place
Retirement planning is very important. It cannot be left to chance.
Annuity plans are designed in a way to give you a comfortable life after your retirement by offering you financial security
The government offers two popular pension schemes National Pension System (NPS) and Atal Pension Yojana (APY).
For the senior citizens consistent and regular payments are a key requirement. Several investments provide such facilities.
The move, which is reportedly a part of the labour security code, aims to discourage people from withdrawing from their pension account
Of the 12.76 lakh net subscribers added during April, around 6.89 lakh new members have come under the social security coverage of EPFO first time
Currently, NPS subscribers having a corpus of over Rs 2 lakh need to buy an annuity, on a mandatory basis
The regulator has suggested to the government to double the annual tax benefit of Rs 50,000 for NPS