[ad_1] The Employees’ Provident Fund Organisation (EPFO) is undergoing reforms. In the latest instance, the state-backed retirement fund manager has instructed its offices not to reject claims of subscribers just because of an overlap in their employment spans between employers. Dates of when a job is given up and the next taken could get mixed…
[ad_1] In a world flooded with flashy deals and fine print, basic numeracy—the ability to understand and work with numbers—is more important than ever. Yet time and again, people fall for offers that don’t add up, misunderstand financial terms, or overlook critical details that could save (or cost) them real money. Two stories—one from fast-food…
[ad_1] While this flexibility is a great relief during critical times, it’s important to understand the rules, limits, tax implications, and the overall impact of such withdrawals on long-term financial security. EPF withdrawal for marriage and higher education To access EPF funds for marriage or higher education, the rules are quite strict. Sanjay Kesari, former…
[ad_1] This financial tool offers a unique solution for elderly homeowners who may have significant home equity but few liquid assets. However, it also presents challenges and potential pitfalls that must be carefully considered before diving in. Let us explore the concept of reverse mortgages, their potential benefits and downsides in the context of the…
[ad_1] Despite the constant introduction of new investment opportunities each year, particularly by asset management companies (AMCs) launching new fund offers across different categories and themes, high-interest fixed deposits (FDs) remain a steadfast attraction for both young and old investors alike. The enduring appeal of FDs, despite their age-old concept, underscores how even the most…
[ad_1] What is your definition of retirement? It’s a question without a clear-cut answer. For some, retirement signifies old age; for others, it represents liberation from life’s daily challenges. Then some see retirement as a new chapter in life, offering ample time and resources. There’s a sense of pessimism surrounding retirement, particularly for those who…
