Thu, Sep 19, 2024
NPS Vatsalya vs NPS: Parents/guardians on behalf of minors/children in the 0-18 year age group can open an account. The account will be opened in the name of the minor, and a PRAN number will also be issued to him.
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Wed, Sep 18, 2024
Retirement Planning: EPF is a retirement scheme where the employee of a private sector makes a monthly contribution to generate a retirement corpus. The minimum basic salary to get an EPF account should be Rs 15,000. Systematic Investment Plan (SIP) is a method to invest in a mutual fund scheme. In SIP, an investor invests a predetermined amount every month or investment cycle.
From Rs 12,000 monthly SIP to Rs 8 crore retirement corpus: Having a large corpus in the long run can help you bear your large expenses. But to reach that stage, one needs to start investing early and in schemes where they can get steady post tax returns.
Tue, Aug 27, 2024
Retirement Planning: It is a market-linked scheme where the NPS subscriber can choose equity exposure from 25 per cent to 75 per cent. The starting investment age is 18 years, while one can invest till 75 years of age. At 60 years of age, they can withdraw up to 60 per cent lump sum returns, while they need to purchase annuity from the rest of the 40 per cent.
Thu, Aug 22, 2024
How to build Rs 10 crore retirement corpus: When we talk about investment, time matters a lot. If you don't have a large amount to invest and want to invest it monthly in a scheme, the duration of the investment can do wonders.
Fri, Jul 26, 2024
NPS Monthy Pension, NPS Retirement Corpus: Finance Minister Nirmala Sitharaman made an important announcement in Budget 2024 for National Pension System (NPS) accountholders.
Mon, Oct 09, 2023
Retirement Planning: It is better to plan in advance for your future and the future of your children, then how can you plan properly and what is the right investment in retirement?
Wed, Sep 20, 2023
Money Guru: Experts say how to manage expenses after 60 years? How to make retirement stress free? Understanding this, it is important to plan for it from now on.
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