POSTED BY March 21, 2014 11:10 am COMMENTS (9)ON
Hi All. I am in the midst of changing my jobs. My future employer doesn’t have the pension/PF benefits. I have to invest on my own. Also I will be withdrawing my PF amount from my current employer. Two questions:
1. The PF amount which I am going to withdraw is approximately Rs 1,00,000 . I want to use this for my retirement purposes only. Please tell me where should I invest it? – Mutual Funds, Fixed Deposits, etc?
2. Since my future employer doesnt give me pension benefits, how should I deduct myself and invest the deducted amount in which instrument?
Thanks & Regards,