It's officially 2025 and a good time to reassess your retirement planning. The Internal Revenue Service (IRS), in November, announced that it had increased the amount that individuals can contribute to their 401(k) and other retirement plans to account for inflation. Each year, the IRS reviews tax thresholds and limitations for various retirement accounts and…

Bajaj Finance share price surged over 5 percent in Thursday's trade after analysts at the brokerage Citi reiterated its 'Buy' rating on the stock. The stock climbed to an intraday high of Rs 7,306.05 on the NSE, marking a 5.34 percent gain from its previous close. Over the past two sessions, Bajaj Finance shares have…

Cosmea Financial Holdings has secured approval from the Securities and Exchange Board of India (SEBI) to launch its mutual fund business. This marks a significant step in the company’s expansion into the asset management sector, reflecting its ambition to diversify offerings in India’s growing financial market. The approval paves the way for Cosmea to introduce…

The benchmark indices showed a healthy recovery from the day's low, with the Nifty 50 closing flat with a positive bias on December 31. The market breadth was positive, as a total of 1,572 shares gained against 931 declining shares on the NSE. The market is expected to remain rangebound until it decisively rebounds and…

Confirmation of Enrolment required from Jan 2025 Starting January 1, 2025, international students applying for student visas in Australia must adhere to updated immigration regulations. The Department of Home Affairs will no longer accept Letter of Offer as part of Student visa applications submitted within Australia. Instead, the foreign students need to provide a Confirmation…

Social Security's "full retirement age" is set to increase next year, meaning that those nearing retirement will have to hold off a little longer before they can claim a larger benefit. The full retirement age (FRA) for Social Security was 65 when the program was created in the 1930s, but reforms made in 1983 gradually…

I use an estimated average annual investment return of 6.5% (before inflation) when planning for my own retirement. I came up with this estimate based upon my individual investment portfolio, which is roughly 70/30 stocks and bonds. Your number may differ. Why does average annual rate of return matter? When calculating how much money you…

The year 2024 has been a bumper year  for public issues in India. The country saw record fund raising through initial public offerings (IPOs) so far in 2024. India eclipsed China  and emerged as a top market for IPOs in Asia. The year 2024 is going to end on a strong note. At least four…