EPFO may soon allow members to withdraw funds via self-approval ATMs for emergencies, streamlining the process and cutting ...
Starting January 1, 2025, the Centralised Pension Payment System (CPPS) will provide significant relief to 7.8 million ...
For pensioners in rural or remote areas, this update could be a game-changer, as it reduces dependency on a specific branch ...
The National Pension System (NPS) now allows retirees to systematically withdraw 60% of their corpus while the remainder grows, benefiting from better annuity rates at later ages. Retirees can ...
According to Labour Secretary Sumita Dawra, EPFO members, beneficiaries, or nominees will soon be able to withdraw their PF ...
By 2025, EPFO members will be able to withdraw their PFs using ATMs, according to a statement made by Labour Secretary Sumita ...
The systematic withdrawal scheme introduced under the National Pension Scheme (NPS) provides retirees with a facility to deploy their retireme.
The Budget inheritance tax announcement is a potential disaster for pensions. It will mean less money going in and more early ...
At the time of withdrawal, the idea is that you are retired and, therefore, in a lower income tax bracket, so your taxes will be lower. Pension funds are retirement vehicles for working ...
Regardless of a pensioner's relocation or change in banking preferences, CPPS guarantees seamless and uninterrupted distribution of pension funds throughout the country, eliminating the necessity ...
It’s finally time to start using the money you managed to save and invest over the years. But be careful: Taxes are just one ...
The S&P 500's returns are measured using time-weighted returns (TWR), which don't account for cash flows like withdrawals. If you're retired and withdrawing funds, comparing your portfolio to the S&P ...