Retirees facing a $400K lump sum or $2,000/month pension are not just picking a payout style, they are locking in how much ...
NPS subscribers can now withdraw up to 80% of their retirement corpus as a lump sum, but the income tax law still exempts ...
There are mix of choice and compulsion that creates confusion, but once you understand the cut-offs and order of rules, the ...
Recent changes to the National Pension System have made the product more flexible, allowing higher lump-sum withdrawals and ...
Under the revised NPS rules, retirees can withdraw up to 80% of their corpus as a lump sum, while at least 20% must be used ...
A large portion of employees withdraw their entire 401(k) balance when they leave a job rather than rolling it over to their ...
The most notable change is for non-government subscribers, who can now withdraw up to 80 per cent of their NPS corpus as a lump sum under specified conditions., Personal Finance, Times Now ...
The latest Pension Fund Regulatory and Development Authority (Exits and Withdrawals under the National Pension System) (Amendment) Regulations, 2025, were notified on December 12.
Labour Deputy Minister Mahinda Jayasinghe yesterday told Parliament that amendments to the Employees’ Provident Fund Act are ...