retirement savings News

Singapore's Working Seniors to Enjoy a Generous Boost: $300-$750 Bonus for Retirement Savings This Month

Singapore's working seniors eligible for a $300-$750 bonus to their retirement savings this month, part of the Earn and Save Bonus initiative to enhance financial security for thos...

Revolutionizing Retirement Savings: EPFO 3.0 Set to Transform Fund Withdrawals and Accessibility

Union Labour Minister Mansukh Mandaviya announces EPFO 3.0, enabling direct provident fund withdrawals from ATMs and enhancing subscriber accessibility, marking a significant step ...

2024-25 EPFO Interest Rates Unveiled: Discover Your Potential Earnings on Provident Fund Deposits

The EPFO has set the interest rate for 2024-25 at 8.25%, awaiting Ministry of Finance approval. This rate reflects a recovery from the 8.1% low in 2022, impacting over seven crore ...

Budget 2025: Enhancing NPS Attractiveness Through Tax Benefits - What to Expect

Financial experts are pushing for enhancements to the National Pension System (NPS) in the Union Budget 2025, including increased tax deductions and flexible withdrawal options, to...