A company is made up of different employees. Some are fresher trainees, just starting out their careers, and some are high ranking officials with years and years of experience. Every company has a different set of regulations while dealing with different categories of employees, based on their qualifications, departments, time spent in the company, salary, ...

Recession is defined as a prolonged period of decline in economic activity. Typically, if the economy suffers from two consecutive quarters of negative gross domestic product or GDP, it is considered to be in recession. As per businessman and financial commentator, Jim Rogers, recession is an unavoidable part of the market, and hits the economy ...

Artificial Intelligence or AI has taken the world by a storm. Going by the recent trends in technology and human acceptance and dependence on it, the time when robots completely and automatically devise financial plans is not too far away. British physicist, Stephen Hawking, once said, “The development of full artificial intelligence could spell the ...

Contrary to popular belief, an income is not just limited to your pre-retirement days. It is also an essential part of your life post retirement. You spend all your life, saving your money in different types of retirement accounts and schemes. Every account or investment has a different rate of interest, maturity period, tax benefit, ...

When you think of retirement planning, you have a gamut of options to choose from. There are many employer-sponsored retirement plans, like the 401(K) or individual retirement account (IRA) that come with a lot of benefits. The real inconvenience, however, is the fact that retirement benefits are not always exempted from taxes. Needless to say, ...

Social Security benefits are undoubtedly one of the steadiest and most stable sources of income in retirement. But it is important to understand that these benefits work in combination with other sources of income, dividends, and interests that you earn. They are also taxable. The most alarming aspect of Social Security that most people are ...

Before you meet your financial advisor, you need to understand what they actually do. Financial advisors are qualified financial professionals. They partner and work with you over the long haul to help you meet your financial goals. Preparing for your meeting with your advisor is a huge step! And, this entails keeping your financial documents ...

A financial advisor is a professional who helps people manage their funds in the most effective way, thereby ensuring their financial peace. Working with an independent financial advisor brings a host of benefits. This also explains why an increasing number of individuals are reaching out to them. If you are wondering if it worth it ...

What doctors are for your physical/mental health, advisors are for your financial health. What do you do before you visit a doctor? Understand your condition, prepare for all the questions that the doctor would ask, ensure all your test reports/medical history documents are in order and so on. Preparation is a must even before you ...

Just how you have friends to listen to your problems and help you solve them, you have financial advisors to tell you “I am all ears” when you are hit by financial roadblocks. They not only listen to your problems but, much like good friends, help you come out of it.  You may feel the ...