Tag Archives: Retirement

Which Small Business Retirement Plan Is Best?

What is the best retirement plan for a self-employed person? Which is the best retirement plan for a small business owner? More importantly, which is the right retirement plan for you – as a business owner and / or a self-employed individual? Choosing the best retirement plan for you and your personal financial goals will depend on a few factors. ... Read More »

Redefining retirement: Senior citizens give back to the society, explore more job opportunities

Gone are the days when retired seniors simply withered away after a productive life at work for decades. Statistics show that retirees returning to the job market is seeing a steady year-on-year increase. With increased life expectancy, need for independence and the desire to give back to society, the elderly are redefining retirement. The ‘She Who Knits’ Facebook page is ... Read More »

47% Of Working Indians Not Saving For Retirement: Survey

Mumbai: Even as financial security after retirement is valued more, a survey by HSBC has revealed that 47 per cent of working people in India have not started saving for their future or have stopped or faced difficulties while saving. “A large number (47 per cent) of working people in India have either not started saving for their retirement or ... Read More »

PF Tax: 25-Year-Old May Have To Pay Rs 56 lakh in Taxes on Retirement

Finance Minister Arun Jaitley’s Budget proposal to tax 60 per cent of Employee Provident Fund withdrawals has come in for huge criticism. EPF, a popular investment instrument for millions of salaried employees, has 3.7 crore subscribers. (Read) The proposal to tax EPF withdrawals, according to the tax bracket of employees, could set back employees by lakhs of rupee, according to ... Read More »