Tag: retirement planning
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PPF Withdrawal Rules 2025: Everything You Need To Know
The Public Provident Fund (PPF) remains one of the most trusted long-term savings schemes in India, offering secure returns and attractive tax benefits. With recent updates, it’s crucial for account holders to understand how the new PPF withdrawal rules effective in 2025 affect partial withdrawals, premature closures, and full withdrawals on maturity[1][2]. Key Highlights of…
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Andhra Pradesh Guaranteed Pension System (APGPS) Act, 2023 – Explained
The Andhra Pradesh Guaranteed Pension System (APGPS) Act, 2023, aims to enhance the financial security of government employees subscribed to the National Pension System (NPS). This new legislation provides a guaranteed pension for retirees, offering a safety net that bridges any shortfalls in pension benefits while also ensuring fiscal sustainability for the state. Key Features…
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A Mutual Fund Guide for Working professionals.
What Are Mutual Funds? Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities. Each investor buys shares of the fund, and the money is managed by professional fund managers who make investment decisions on behalf of the investors. Key Terminology Types of…
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Turning Your Retirement Benefits into Monthly Pension with SWP: A Guide for Job Holders
Retirement is an exciting chapter of life, especially when it comes with a substantial payout from benefits like gratuity, provident fund, or other retirement perks. However, knowing how to convert this lump sum into a sustainable income stream can be challenging. A Systematic Withdrawal Plan (SWP) can be a great way to turn retirement benefits…
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NPS for Government Employees: A Comprehensive Overview
The National Pension System (NPS) is a contributory pension scheme designed to provide retirement benefits to employees in India. Under this system, contributions from subscribers, along with matching contributions from the government as the employer, are collected and accumulated in individual pension accounts. Key Features of NPS for Government Employees NPS employs a structured approach…
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A Complete Guide to the National Pension System (NPS)
The National Pension System (NPS) is a government-backed retirement savings scheme in India designed to provide individuals with a secure financial future. This guide covers everything you need to know about NPS, from its features and benefits to investment options and grievance redressal mechanisms. What is NPS? The NPS is a voluntary, defined contribution retirement…