Retirement Plan Retirement plan is the stage of life when an individual voluntarily exits the workforce, typically after reaching a certain age or meeting specific criteria set by their employer or government. It’s a time when people cease full-time employment and rely on savings, pensions, and government benefits for income. Age of Retirement: The… Read More »
Pensions Pension schemes is a retirement benefit provided by employers, government agencies, or other organizations to eligible employees. It’s essentially a form of income paid regularly to retirees during their post-employment years. Pensions are designed to replace a portion of the individual’s pre-retirement income, ensuring they have a reliable source of funds to cover living… Read More »
Atal Pension Yojana (APY) Atal Pension Yojana named after the former Prime Minister of India, Atal Bihari Vajpayee launched in May 2015 by the Government of India. The primary objective of APY is to provide a pension scheme for workers in the unorganized sector, who often lack access to formal pension schemes and social… Read More »