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FD Interest Rates Revised; All You Need To Know
Fixed Deposits continue to offer a secure investment option with guaranteed returns
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All about insurance policies for senior citizens
Insurers also impose an additional cost to your premium payable if they feel you’re a risky individual or prone to making frequent claims. And often
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Low returns better than getting duped
Senior citizens should be doubly cautious about financial fraudsters and should not put their money in unknown instruments.
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How senior citizens can optimise tax-saving investments
Senior citizens looking for ways to save tax before the end of the financial year are advised to avoid any life insurance product
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Senior citizens and group health insurance: Know pros & cons
No medical check-ups are required for these plans provided by employer even for senior citizens.
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Max Life, Tata Asset bag PFRDA’s approval to set up pension funds
For the government sector, there are now seven pension fund managers, including LIC Pension Fund Limited, SBI Pension Funds Pvt Ltd etc.
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No tinkering please
The government should stay away from a rate cut in small savings that come up for revision once every quarter.
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NPS: New age solution for elders
The need to save for retirement is a recurrent theme in the discourse for financial independence, but very few make a disciplined investment.
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Best retirement instruments a senior citizen can invest
Senior citizen savings plan has a five-year maturity period with a three-year extension. It offers a 7.4% interest rate
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Tax planning: Factors senior citizens should consider
Diversification of holdings to include a greater proportion of risk-free securities that offer stable returns is the best way to plan for golden years
