Financial plan for aged: What is Mutual Fund–Voluntary Retirement Account, modelled on US 401(k)? All you need to know

Sep 6, 2025 - 13:30
Financial plan for aged: What is Mutual Fund–Voluntary Retirement Account, modelled on US 401(k)? All you need to know

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

With India's aging population, AMFI proposes the Mutual Fund–Voluntary Retirement Account (MF-VRA), inspired by the US 401(k), to bolster retirement savings. This employer-linked scheme, managed by mutual funds, aims to offer tax incentives, portability, and flexibility. AMFI seeks regulatory support to establish product structures and ensure the scheme's success in promoting a retirement savings culture.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0