Advantages of provident fund savings

Advantages of provident fund savings

Believe that many working people have already prepared a retirement life plan in order to have a comfortable life without suffering, therefore making a decision to save money and investment But some people may still not see the necessity of joining the fund because they see that the benefits are not worth it. In this article, we would like to introduce you to the advantages of savings for provident funds to use when you retire from work.

Provident fund is a fund for saving money for use in retirement by deducting from our salary each month to be the savings of the fund.

- is a savings for use during retirement

It is the main advantage of saving money with a reserve fund ever. because it will make us have money to spend in everyday life Don't worry about adding to the burden for your children.

- receive contributions from the employer

The next advantage that many salaried people People may not know yet. We will also receive contributions from the employer. which will be received when the contribution has been paid to the provident fund and according to the conditions of the company

- Tax deduction benefits

What else will I get from my provident fund savings? It is the benefit of tax deduction. Can reduce up to 15% of income, but must not exceed fifty thousand baht when combined with a retirement mutual fund or pension life insurance premiums

For anyone who is hesitating whether to save money with a provident fund is good or not. Then come to read this article and think that it will help make decisions easier because the more we have savings in the provident fund, the more financial stability in retirement will be as well.

If you want to be comfortable during old age, saving money with a provident fund is an option that meets your needs.

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