Step 1: Open the app and search for EPFO or EPF in the search bar at the top. Step 2: Click on EPFO service and this will open a new menu. Step 3: Select the 'View Passbook' or 'Check Balance' option ...
The National Pension Commission has disclosed that 23,673 disengaged workers withdrew a total of N33.43bn from their Retirement Savings Accounts in the third quarter of 2024.
Creditors may be open to setting up a payment plan that will spare your retirement funds. Let’s say you’ve run through these steps and have opted to take a 401(k) hardship withdrawal.
Under UPS, subscribers can choose any registered pension fund and change it once a year. Subscribers can choose from government securities, life cycle funds, surplus or shortfall or statement updates.
When a retirement fund is depleted, the retiree must rely on other sources of income to survive or return to work if possible. However, a properly calculated safe withdrawal rate can keep you from ...
For those with retirement savings, the SECURE 2.0 Act offers special provisions to access these funds without the usual penalties. Key options include: ・Withdrawals from a qualified retirement ...