Although people save for retirement, most of them aren’t able to save enough for a comfortable life. But there are ways which can help them manage such situations.

It is important to consider the portfolio’s average return and the sequence in which those returns were earned to create a foolproof investment portfolio.

The Employees’ Provident Fund Organisation (EPFO) will soon develop a system to send transaction notifications for EPF deductions from salary, says the Union Labour Minister.

Ensure a stable financial future by avoiding these common retirement planning pitfalls.

Under EPS 95, all formal sector employees are granted pension benefits upon reaching the retirement age of 58, assuring them financial security.

EPFO is upgrading its IT infrastructure and developing a centralised database to help expedite the members’ claim settlement process.

An EPF account becomes inactive when it does notreceive contributions for 36 straight months. This can happen for various reasons, such as a change of employment or retirement.

Union Finance Minister Nirmala Sitharaman announced three schemes tied to EPFO enrollments in the Budget 2024-25. How will they attract more youth to the formal sector?

Retirement planning demands a holistic approach that makes use of different financial instruments and strategies to ensure a steady income.

State-wise analysis of payroll data denoted that net member addition is the highest in Maharashtra, Karnataka, Tamil Nadu, Gujarat, and Haryana.