November 16, 2023 03:15 PM ISTGo for systematic withdrawal if you are looking for regular income with higher returns that come with staying invested in equities. But if you wish to move your corpus to fixed income instruments, choose lump-sum withdrawal, say financial advisors.
October 18, 2023 08:12 AM IST Under the National Pension Scheme (NPS), retirees have the option to withdraw 60 percent of the accumulated corpus tax-free at the time of retirement, utilising the remaining 40 percent to purchase an annuity.
October 15, 2023 03:24 PM IST Over his illustrious seven-decade career, Michael Caine has graced the screen in over 160 films.
October 12, 2023 01:15 PM IST Having a sufficient retirement corpus is something we all dream about. Enough money for expenses, leisure, travel and medical emergencies is what we strive for. But many times we fail to invest for retirement savings. Well, even if you start late, you can still build a corpus of crores! Watch to know more
October 09, 2023 07:59 PM IST Kip Turner's advice to young professionals is to 'take advantage of all of the training and education opportunities' a company offers.
October 11, 2023 12:43 AM IST The fund house will keep net equity exposure in the scheme in the range of 5-30 percent but use spot-future arbitrage to maintain the gross equity allocation above 35 percent.
September 06, 2023 01:04 PM IST Under the EPS, a deceased employee’s spouse and children, and in their absence the parents, are entitled to family pension for supporting their financial needs
August 27, 2023 08:17 AM IST India is considering raising the retirement age for chairmen and managing directors of state-owned banks, which control over 60% of the banking system’s assets, a government official said on Saturday.
August 22, 2023 07:17 PM IST K Balasubramanian will take over the role as the India and South Asia BCMA head alongside his current role as the head of corporate banking, South Asia, Citi.
August 21, 2023 05:04 PM IST How much money do you need to retire comfortably - and how do you account for inflation when deciding on your corpus? What all factors you need to consider? To know answers to these and many more questions, watch this video.
August 17, 2023 11:45 AM IST At the age of 60, subscribers to the National Pension Scheme have to choose between 15 annuity service providers and multiple pension payout options. The decision will hinge on your family's goals and financial situation.
August 16, 2023 12:10 PM IST Many people feel that to be financially free, you need to earn a lot but that’s not entirely true. Planning, starting early, and being disciplined can be more important
August 08, 2023 07:33 AM IST The ‘30X Rule of Retirement’ is a good strategy to adopt when planning for your retirement. But bear in mind that it is just a measure to see how far away you are from that goal. Actual retirement planning calls for many variables that are dynamic. Be prepared for your assumptions to go astray when you actually retire.
July 31, 2023 06:55 PM IST The Rs 6 dividend to shareholders is only a token of our affection, esteem and, most importantly, gratitude (towards A M Naik).
July 26, 2023 12:24 PM IST Selecting the ‘Active’ option for long-term savings under NPS allows you to invest up to 75 percent into equities. This helps as, otherwise, the equity portion shrinks below 35 percent during your prime earning period. But exercise caution if you are nearing retirement
July 19, 2023 06:39 AM IST Employers’ contribution to corporate NPS of up to 10 percent of your basic salary can fetch you tax benefits under both the old and new tax regimes.
July 10, 2023 11:53 AM IST NPS can be a viable investment option for retirement planning, considering the tax benefits and asset mix. However, investors need to evaluate the tax implications and future returns, especially regarding annuity investment and withdrawal policies
July 07, 2023 05:37 PM IST Higher EPS pension deadline: The deadline to apply for higher pension on actual basic salary instead of the statutory limit of Rs 15,000 has been extended to July 11. Here’s everything you need to know about eligibility, the procedure and calculation. Is it worth your while?
June 23, 2023 09:05 PM IST The pension plan is a non-linked, non-participating policy aimed at policyholders looking for guaranteed returns to build their retirement kitty
June 15, 2023 12:46 PM IST It doesn’t have to be an either/or decision. Indeed, choosing both the Employees’ Provident Fund and the National Pension System is the best option, for they are complementary forms of investment.
June 10, 2023 12:28 PM IST According to the Handbook of NPS 2023, over 1,09,344 subscribers opted for annuity plans at the time of superannuation/exit since the launch of the National Pension System. Of them, 70 percent chose the Annuity for Life with Return of Purchase Price plan.
June 06, 2023 08:49 PM IST The scheme is required as per the PFRDA Act and is in the works, but the cost, too, will go up due to the element of guarantee, says PFRDA chairman Deepak Mohanty
June 05, 2023 07:57 AM IST A Moneycontrol rolling return analysis on the NPS data available from the Handbook of NPS Statistics (2023) shows that all the Tier – 1 equity schemes struggle to beat the Nifty 100 – TRI while the Tier – 1 Corporate bond schemes and Government securities schemes comfortably beat the relevant categories of mutual fund counterparts
June 02, 2023 03:02 PM IST With the flexibility to adjust the asset mix based on life stage and the advantage of low management fees ranging from 3 to 9 bps, the NPS presents a compelling opportunity to build a substantial retirement corpus.
May 29, 2023 05:04 PM IST 
