Categories
Investments glossary

Provident Fund

Spread the love


Quotes of the day:

All that glitters is not gold, and things that look warm are often cold!

— Yassine Aumerally

A provident fund is a compulsory, government-managed retirement savings scheme used in Singapore, India, and other developing countries. In some ways, these funds resemble a hybrid of the 401(k) plans and Social Security used in the United States. They also share some traits with employer-provided pension funds.



We uses YouTube API Services.

Click to rate this post!
[Total: 0 Average: 0]

Leave a Reply