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Senior Citizens

Financial planning for senior citizens (Representational Image)

Ageing gracefully: financial planning tips for senior citizens

Ageing entails both a beautiful journey and the responsibility of securing financial well-being in one's golden years, especially for seniors who must navigate intricate financial planning to sustain their quality of life

13 September 2023

TMC MP Nussrat Jahan

TMC MP Nussrat Jahan Appears At ED Office For Questioning In Connection With Case Of Duping Senior Citizens

The Enforcement Directorate's probe pertains to a group of senior citizens recently lodging a complaint accusing a real estate company of cheating by promising them flats in the New Town area of Kolkata. Earlier, Jahan had...

12 September 2023

Taxes on social security

Do senior citizens have to pay taxes on their social security?

Did you know that seniors normally don't need to file a federal income tax return if their main source of income is their Social Security benefits?

09 September 2023

International pension options for US seniors

International pension options for US senior citizens

Employees are allowed to contribute pre-tax income to retirement accounts in several nations, where it can grow tax-deferred until retirement. For the same reason that they do in the United States

12 September 2023

Income tax after the age of 70?

Do you have to pay income tax after the age of 70 in America

Retirement income taxation varies depending on a number of variables, such as your individual financial situation, the source of your income, and other tax rules

09 September 2023

Special tax deductions for seniors

Are there any special tax deductions from seniors?

When it comes to the process of preparing taxes after retirement, senior citizens can be feeling confused or overburdened. Anyone can become anxious during tax season due to the added strain of meeting deadlines and...

09 September 2023

Benefits for senior citizens

Breakdown of social security and other benefits for US senior citizens

A wide range of advantages, programmes, and discounts are available to US seniors 65 years of age and more

12 September 2023

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 Federal tax paying age limit

When can seniors stop paying federal tax in america

There are several responsibilities senior citizens could no longer be obliged to do when they get closer to retirement or a certain age milestone. But does this apply to paying federal taxes too?

09 September 2023

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28 August 2023
5 Things To Keep In Mind While Buying Health Insurance To Avoid Claim Rejection

5 Things To Keep In Mind While Buying Health Insurance To Avoid Claim Rejection

Health insurance provides coverage against medical emergencies. But a claim could get rejected on various grounds, which would be a bitter experience. Here’s...


15 August 2023
Azadi Ka Amrit Mahotsav: Last Day To Book Freedom Special FDs At SBI, IDBI Bank

Azadi Ka Amrit Mahotsav: Last Day To Book Freedom Special FDs At SBI, IDBI Bank

On the occasion of ‘Azadi Ka Amrit Mahotsav’ last year, several public and private sector banks had announced short-term fixed deposits with higher deposit...


11 July 2023
Use Modern Technology For Safety, Security Of Senior Citizens, Women, Children: Maha CM To Cops

Use Modern Technology For Safety, Security Of Senior Citizens, Women, Children: Maha CM To Cops

Stressing on the need for effective coordination between police, ambulance services and fire brigade, he said action should be taken to prevent crime, cyber...


08 July 2023
You Can Open NPS Independently To Avail Of Extra Benefit Of Rs 50,000 Under Section 80CCD (1B)

You Can Open NPS Independently To Avail Of Extra Benefit Of Rs 50,000 Under Section 80CCD (1B)

EPF is entirely tax-exempt, but only 60 per cent of the corpus in NPS is tax-exempt. Deduction under Section 80TTB is not available on NSC. Only interest...


01 July 2023
Five Important Dates In July 2023 You Must Not Ignore

Five Important Dates In July 2023 You Must Not Ignore

July is an important month for taxation-related matters, but there are other important deadlines in this month that you must remember.


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01 July 2023
Individuals, HUFs Can Have Two Houses As Self-Occupied Under Income Tax Law

Individuals, HUFs Can Have Two Houses As Self-Occupied Under Income Tax Law

Any property, which is not let out and is lying vacant can be claimed as self-occupied. Under the new tax regime, rebate and eligibility threshold income are...


21 June 2023
Best Dating Sites For Seniors: Guide How To Find A Good 50+ Dating Site

Best Dating Sites For Seniors: Guide How To Find A Good 50+ Dating Site

Do you seek dating sites for people over 50? Discover the best senior dating platforms and why they’re beneficial for older adults.


15 June 2023
Senior Citizens Enjoy Enhanced Gains With The Higher Interest Rates Offered On Fixed Deposits

Senior Citizens Enjoy Enhanced Gains With The Higher Interest Rates Offered On Fixed Deposits

Nearly all leading banks and financial companies offer higher interest rates on FDs for senior citizens. Some banks may offer interest rates that are higher...


10 June 2023
Pay Your Advance Tax By June 15 To Avoid Penalty

Pay Your Advance Tax By June 15 To Avoid Penalty

Pay your first advance tax instalment by June 15 to avoid penalty.


02 June 2023
3 Fixed Deposit Schemes Offering Seniors 7.5% Or More, Closing On June 30

3 Fixed Deposit Schemes Offering Seniors 7.5% Or More, Closing On June 30

Although some banks have reduced their fixed deposit rates of late, senior citizens can still lock FDs at 7.5 per cent or above. Let us look at some of the...


24 May 2023
Union Bank of India (UBI) Revises Fixed Deposit Interest Rates; Offers 7% For 399-Day FD

Union Bank of India (UBI) Revises Fixed Deposit Interest Rates; Offers 7% For 399-Day FD

Union Bank of India has revised the interest rates for its fixed deposits (FDs) below Rs 2 crore effective May 23, 2023. The bank now offers the highest rate...


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21 May 2023
Senior Citizens Leave For Prayagraj By Air On Free Pilgrimage Under MP Govt Scheme

Senior Citizens Leave For Prayagraj By Air On Free Pilgrimage Under MP Govt Scheme

This is the first time that beneficiaries of the Mukhyamantri Tirth-Darshan Yojana in MP are travelling by air, as per government officials.


17 May 2023
'The Bachelor' Announces First-Ever Season With Only Senior Citizens

'The Bachelor' Announces First-Ever Season With Only Senior Citizens

A spin-off for the show 'The Bachelor' has been announced and its contestants will be senior citizens.


28 April 2023
Small Finance Banks Lure With 9% Interest Rates On FDs, Should You Invest?

Small Finance Banks Lure With 9% Interest Rates On FDs, Should You Invest?

Small finance banks are offering interest rates on fixed deposits (FDs) as much as nine per cent, but investors must consider the associated risks. Read on to...


24 April 2023
These 3 Banks Increased Their Fixed Deposit Rates In Last One Week: Find Out More

These 3 Banks Increased Their Fixed Deposit Rates In Last One Week: Find Out More

Axis Bank, Bank of Maharashtra and Indian Bank have hiked the interest rates on fixed deposits of select tenures. Know about the new rates.


19 April 2023
Six Factors Senior Citizens Should Consider Before Purchasing Health Insurance

Six Factors Senior Citizens Should Consider Before Purchasing Health Insurance

Here’re some key factors senior citizens should consider before purchasing health insurance.


18 April 2023
Best Products Where Seniors Can Reinvest Their Retirement Corpus

Best Products Where Seniors Can Reinvest Their Retirement Corpus

Most seniors focus on fixed income vehicles for their retirement income. While the income could be fixed, they might not suffice in terms of purchasing power...


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