Finance
NPS AUM Set to Double by 2030—What It Means for Your Retirement Savings
The National Pension System (NPS) AUM is set to double by 2030, reaching new milestones in retirement savings. This growth translates to better stability, higher returns, and increased tax advantages for investors. In this article, we explore what this means for your financial future and how you can maximize your NPS investments for a secure retirement.
Best Tax-Saving Investments for Old Tax Regime—Maximize Your Returns Now
Maximize your tax savings under the old tax regime with strategic investments in PPF, ELSS, NPS, Tax-Saving FDs, SSY, EPF, and ULIP. This guide explains how these options work, their tax benefits, and who should invest. Make informed decisions to optimize your financial planning and reduce tax liability. Learn the best strategies for tax efficiency while ensuring long-term growth and stability. Read more for an in-depth analysis of each tax-saving option.
Smart Tax Planning for 2025—How to Reduce Your Tax Bill Before March 31
Taxpayers can reduce their tax liability before March 31, 2025, by using smart strategies such as claiming deductions under 80C, investing in NPS, and utilizing home loan benefits. This article provides a detailed guide to help individuals and businesses optimize their tax savings while complying with the latest tax laws. Start planning today to minimize taxes and maximize savings!
No More Fluctuations! Govt to Offer Fixed Interest on PF Accounts
The Indian government is set to introduce a fixed interest rate on Provident Fund (PF) accounts, eliminating annual fluctuations and providing financial stability to employees. Expected to be 8.25% for 2024-25, this move will help salaried professionals plan better for retirement. Additional changes, including PF-linked ATM withdrawals and a centralized pension system, aim to make EPF more accessible and efficient. Learn how these updates impact you!
Retirement Security Boost? Govt Plans Reserve Fund to Protect EPFO Rates
The Employees' Provident Fund Organisation (EPFO) is introducing an Interest Stabilization Reserve Fund to ensure stable interest rates for over 65 million subscribers. This fund will act as a buffer against market fluctuations, protecting employees’ retirement savings from volatile investment returns. Expected to be implemented by 2026-27, this initiative aims to enhance financial security and strengthen the long-term sustainability of EPFO’s interest rate structure. Learn how this plan will impact your EPF savings.
LIC’s New Smart Pension Plan—Single Premium, Multiple Payout Options
LIC’s New Smart Pension Plan is a single-premium immediate annuity scheme designed to provide a secure retirement income. With multiple payout options, lifetime guaranteed annuities, loan facilities, and tax benefits, this plan is ideal for retirees and professionals looking for financial stability. Read our detailed guide to learn how LIC’s Smart Pension Plan can help secure your future.
Unified Pension Scheme (UPS) Launching April 1 – Check Eligibility & Benefits!
The Unified Pension Scheme (UPS), launching on April 1, 2025, provides a balanced approach to retirement planning by combining guaranteed pensions with contributory flexibility. Designed for central government employees, it ensures financial stability with inflation adjustments, family pensions, and a one-time lump-sum benefit. Learn about the comprehensive benefits, eligibility, and opt-in process to secure your post-retirement future with the UPS.
Fidelity Hits Record $5.9 Trillion in Assets – Revenue Surges to New High!
Fidelity Investments reached a record-breaking $5.9 trillion in assets under management, marking a 21% increase from the previous year. The firm also reported a 16% surge in revenue and 21% rise in operating income. This growth is attributed to the strong performance of actively managed funds, increased trading activity, and strategic product expansion. Discover how Fidelity's achievements impact investors and the financial industry’s landscape in this in-depth analysis.
$967 Social Security Payment Coming Soon – Check If You’ll Get Yours in 9 Days!
$967 Social Security Payment Coming Soon – The March 2025 SSI payment of up to $967 will be issued on February 28, 2025, due to March 1 falling on a Saturday. This article explains the eligibility criteria, payment schedule, and how to check your payment status. Learn how to determine if you qualify and ensure you receive your payment on time. Visit SSA.gov for more information.
Saudi Arabia’s $320B Pension Fund Chief Steps Down – What’s Next for Hassana?
Saudi Arabia’s Hassana Investment Company, managing $320 billion in assets, is undergoing a leadership transition as CEO Saad bin Abdulmohsen Al-Fadly steps down in July 2025. This shift raises questions about the fund’s future investments, global strategy, and alignment with Vision 2030. Discover how Hassana’s recent $500M Brookfield investment and $250M energy transition fund are shaping its next chapter. Read more about the fund’s strategic priorities and expected leadership changes.
Boomers, Are You Missing Out? Your Social Security Should Be $4,442.80 More!
Many Baby Boomers are missing out on an extra $4,442.80 per year in Social Security benefits due to outdated COLA calculations and rising inflation. This article explains why benefits have lost purchasing power and provides actionable steps to maximize your Social Security income, including delaying claims, checking for errors, and exploring investment strategies. Learn how to protect your retirement funds and ensure you receive the full benefits you deserve.
$2,000 Social Security Payout Coming on Feb 19 – Are You Eligible?
A $2,000 Social Security payout is scheduled for February 19, 2025. Are you eligible? Learn who qualifies, how payments are processed, and what to do if your payment is delayed. Get expert insights on maximizing your Social Security benefits and avoiding financial pitfalls. Read more to ensure you receive your Social Security payment on time.
After RBI’s Withdrawal Ban, This Bank Now Caught in a ₹122 Crore Fraud!
New India Co-operative Bank has been caught in a ₹122 crore fraud, leading RBI to freeze withdrawals and appoint an administrator. Learn how the scam was uncovered, what it means for depositors, and how to protect your savings from banking fraud. Read this expert analysis on the latest RBI action and financial safety tips.
MSSC Scheme: Women Can Earn ₹32,000 Interest Plus Tax Savings – Here’s How!
The Mahila Samman Savings Certificate (MSSC) offers 7.5% annual interest and allows women to earn up to ₹32,000 interest on a ₹2 lakh investment. Learn about tax benefits, eligibility, and how to invest in this government-backed scheme before the March 2025 deadline. Read our detailed guide on MSSC benefits, returns, and application process.
Government Approves 7% DA Hike – How Much More Will Employees Earn?
The Indian government has approved a 7% increase in Dearness Allowance (DA), raising it from 53% to 60% of basic pay. This will benefit 47 lakh central employees and 69 lakh pensioners, offering relief against inflation. Employees can expect an increase in their monthly salaries, ensuring financial stability. Read on to learn how much more you'll earn and how this impacts government workers and retirees.
Trump & Musk Target Social Security – Are They Spreading Rumors?
Recent claims by Trump and Musk suggest widespread Social Security fraud involving payments to the deceased. However, official data shows improper payments account for less than 1% of total benefits, and the SSA has strict fraud prevention measures. This article explores the facts, debunks myths, and explains how Social Security ensures proper payments. Read on to separate fact from fiction!
