As long as a person is in the job, he has no particular concern for money. But, even when he retires, he needs money for living. However, if the job is government, a pension is available, but private jobs do not have such a facility. Then, what are the means that keep money coming even after retirement? We are talking about some investment options in this news in which you get money even after retirement after investing. Know about similar investment options.
PPF
Money can be saved by investing in PPF, it is one of the best investment options. Keep taking interest after depositing money in PPF. PPF is an excellent option for those who invest in the date. Its interest is also tax-free. The PPF account can be opened in the bank or post office.
Mutual Funds
Mutual funds are a great option to raise funds. If you are thinking of investing in mutual funds, you have to be patient. Because it has to be invested for a long time. Can invest in mutual funds through SIP. Equity mutual funds give better returns for investment in the long term.
EPF
This investment option is best for retirement. Out of the salary, 12% is deposited in EPF. It receives interest at a rate of 8.65%. However, salaried employees can take advantage of it.
NPS
Investment in the National Pension System benefits a deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. It can be invested in 6 different funds. The minimum investment annually can be Rs. 6,000. There is no upper limit for investment.
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