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INCOME TAX IN RETIREMENT
70-year-old woman's Social Security check suddenly falls to $2,700; told to repay $35,000 within 30 days or face 50% benefit cut- Woman retired at 64 with $380,000 in her 401(k). Nine years later, her first RMD faced a 22% tax rate
- Will you get EPF interest till 58 years of age if you leave job at 40? EPFO explains
- Can you stop NPS contributions for a few years? Know the impact before you take a breakExperiencing a financial setback? Halting NPS contributions may appear to be the only option, but have you considered the long-term consequ...04 Sep, 2026, 01.29 PM IST
- ₹79 lakh more at retirement? How a small monthly VPF contribution can boost your retirement corpusVoluntary Provident Fund offers a stable retirement savings avenue for salaried employees. Additional VPF contributions can significantly g...04 Sep, 2026, 01.19 PM IST
- Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs riseUS debt: While voters may not focus on the issue until the country's fiscal problems translate into benefit cuts or tax hikes, the fallout ...02 Sep, 2026, 04.16 PM IST
- Rs 97,500 monthly SIP & over Rs 2 crore corpus at 62? Expert suggests portfolio rejig for NRI investor to reach Rs 3 crore goalAs retirement approaches, a non-resident Indian (NRI) investor with a target of Rs 3 crore seeks guidance from a financial expert. The advi...02 Sep, 2026, 10.13 AM IST
- School assembly news headlines for September 2: Top India, world, sports and business updatesSchool assembly news headlines for September 2: Stay updated with the latest national, international, sports and business developments maki...01 Sep, 2026, 06.59 PM IST
- Canada benefit payments in September 2026: Who is getting money, when the payments arrive and why some Canadians will have to wait until OctoberCRA payments September 2026: Several government benefit payments are set to reach eligible Canadians in September 2026, but the money won't...31 Aug, 2026, 06.25 PM IST
- Lifecycle funds: Should you invest in target-date funds for your financial goals? Know the benefits, risks and limitationsGoal-based investing is not a new concept. Mapping investments to specific goals gives your outlay a defined purpose, helps you stay commit...31 Aug, 2026, 12.24 PM IST
- New labour code impact: Rs 8k less take home pay likely for employee with Rs 15 lakh CTC; check the impact on CTCs of Rs 10 lakh, Rs 25 lakh and Rs 50 lakhNew labour codes mandate higher provident fund contributions for employees. This change reduces monthly take-home pay for many salaried ind...31 Aug, 2026, 07.39 AM IST
- Social Security to increase? Who is eligible to get $200 extra payment in Social Security benefits next month and when will it be paid?Social Security benefits: A proposed $200 Social Security increase is gaining attention as millions of Americans look for ways to cope with...29 Aug, 2026, 05.56 PM IST
- Retiring early? Know how much tax exemption can employees claim for VRSYou can claim full tax exemption on VRS if the scheme was launched under special framework; Know how it works for employees claiming VRS.28 Aug, 2026, 10.27 AM IST
- A 73-year-old Oklahoma farmer battled years of drought before leasing land for five wind turbines. The wise decision transformed his farm incomeFacing the challenges of a drought-stricken Oklahoma, Bob Kerr found his wheat and cattle farming income dwindling. However, the five wind ...27 Aug, 2026, 04.51 PM IST
- Canadians could get up to $1,507.65 from Canada Pension Plan (CPP) and $827.17 from Old Age Security deposits (OAS) this week: Check payment date, eligibility and moreCanadians could receive their next CPP and OAS payments on August 27, 2026, with eligible seniors potentially receiving up to $1,507.65 in ...26 Aug, 2026, 09.56 PM IST
- Is severance pay received under a VRS taxable for all employees? Know what the Income Tax law saysSeverance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says26 Aug, 2026, 10.56 AM IST
- Over Rs 1 crore invested in mutual funds, NPS, PPF and FDs: Should this PSU banker increase equity exposure with 18 years to retirement?A 42-year-old PSU bank chief manager, who recently welcomed twins, sought a review of his family’s financial portfolio. With around 18 year...26 Aug, 2026, 09.30 AM IST
- August 31 ITR filing deadline: ITR-3 or ITR-4? Which form you should choose while filing your income tax returnTaxpayers engaged in business activities must submit either ITR-3 or ITR-4 by the deadline of August 31, 2026. While ITR-4 simplifies the p...25 Aug, 2026, 02.57 PM IST
- EPFO rules for NRIs’ EPF withdrawal: Do NRIs need to wait till 58 years of age to withdraw their employees’ provident fund retirement corpus?Non-resident Indians have the opportunity to access their Employees Provident Fund (EPF) corpus upon their departure from India. Those who ...25 Aug, 2026, 08.34 AM IST
- If I sell my property jointly owned with my wife, can I buy the new one in my name for LTCG tax exemption?ET Wealth Reader's Query: I jointly own a property with my wife, although it was funded entirely by me. If I sell this property, is it nece...25 Aug, 2026, 07.30 AM IST
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