Now do not take any tension after retirement, know these investments option
Now do not take any tension after retirement, know these investments option
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As long as the person stays in the job, he does not have any special concern about money. But, even when he retires, he needs money to live. At present, the pension is available if the job is government, but the private job does not have such a facility. Then what are the means through which money keeps coming in even after retirement. In this news, we are telling about some investment options in which after investing, you continue to get money even after retirement. Know about such investment options.

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EPF This investment option is excellent for retirement. Out of the salary, 12 percent is deposited in EPF. It gets 8.65 percent interest. However, only salaried employees can take advantage of this. Money can be saved by investing in PPF, it is one of the best investment options. After depositing money in PPF, keep on taking an interest. PPF is a great option for debt investors. Its interest is also tax-free. The PPF account can be opened in a bank or post office.

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Investments in NPS National Pension System get 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. It can invest a minimum of Rs 6,000 annually. There is no upper investment limit. Mutual funds are a great option for raising funds. If you are thinking of investing in mutual funds, then you have to be patient for this. Because it has to be invested for a long time. One can invest in mutual funds under SIP. Equity mutual funds offer better returns for long term investment.

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