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Home FEATURED 5 voluntary retirement products and solutions that you can look at

5 voluntary retirement products and solutions that you can look at

1. Voluntary Provident Fund is accessible for folks covered less than EPF to contribute more than and earlier mentioned the required quantity, but employer does not want to match this amount.
2. NPS is offered for citizens of India involving the age of 18 and 65. It arrives with an active choice option or a life cycle fund option to choose the investment composition.
3. Community Provident Fund is readily available to all the citizens of India, with the governing administration asserting interest costs each quarter which is tax-free in the fingers of the investor.
4. Insurance Pension Options are structured as deferred annuity strategies where by the policy holder contributes premium about the term of the policy. The corpus so created is employed to buy an annuity on vesting.
5. Mutual money also offer designated pension options. A person can select to keep on being invested and acquire a periodic payment in the type of dividend or redemption whilst the rest of the money proceed to continue to be invested and increase.
(Content on this web site is courtesy Centre for Investment Training and Finding out (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.)


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