Retirement planning is a critical aspect of financial management, and one essential tool to consider is the Roth IRA. This individual retirement account offers several tax advantages. However, as with any investment opportunity, there are limitations in place that individuals need to be aware of. Every year, the Internal Revenue Service (IRS) sets contribution caps … Read more
Investment is great for appreciating capital and building a corpus. However, the success of the same depends on several factors, including the investor’s ability to plan and manage investments. Similarly, in the case of beginners, they must be clear about a few things before they begin their journey as an investor. That said, let’s discuss … Read more
Fund transfer has become one of the essential daily activities that is performed throughout the world. From big businesses to small stalls, to personal peer-to-peer, millions of transactions are carried out each day. The digitalisation in the banking sector has also made it easier for any person to transfer funds anywhere. Living in this digital … Read more
Structured settlements are a commonly used form of financial arrangement that provide long-term financial stability for individuals who have received a substantial sum of money. Despite their prevalence, structured settlements are often shrouded in mystery and confusion, resulting in many individuals being unaware of the benefits and potential drawbacks of this type of settlement. In … Read more
When it comes to obtaining a personal loan, you have two primary options: online and offline channels. Each has its advantages and disadvantages, and your choice depends on your preferences and requirements. Online Personal Loans: • Applying for a personal loan online is incredibly convenient. You can do it from the comfort of your home … Read more
Group dental insurance platforms have become increasingly popular, revolutionising how dental benefits are delivered and managed. By offering comprehensive coverage and a wide network of providers, these platforms set a new dental insurance standard. They are transforming how employers and employees approach dental benefits with a focus on efficiency, cost-effectiveness, and improved access to quality … Read more
As more women become financially independent and savvy, it is becoming more common for spouses to share responsibilities for managing the family’s finances. There are several benefits to making these choices with your wife, especially if you want to purchase real estate and obtain a mortgage for your dream home. The benefits and requirements of … Read more
India’s economy is growing fast when it comes to exporting goods. According to the Ministry of Commerce and Industry portal, India’s export trade from April to February 2022-23 grew with a whopping USD 405.94 billion. That’s a lot of stuff being sold overseas! To keep the export wheels turning smoothly, DGFT does a bunch of … Read more
Public provident fund (PPF) stands as a product of financial security and growth for countless individuals. Designed to encourage long-term savings, this government-backed scheme offers a plethora of benefits that can shape your financial journey. Let’s delve into PPF and uncover incredible advantages it offers. The PPF advantage – Tax savings Contributions to PPF fall … Read more
The Ethereum network charges high fees for using smart contracts. Therefore, developers began to look for solutions to increase throughput. The Polygon project developed in 2017 is a prime example of solving this problem. It is one of the most promising crypto projects with a strong technical base and support from the crypto community. MATIC … Read more