Senior citizens over 60 can secure affordable health insurance and manage rising medical costs by combining base policies with super top-up plans, utilizing employer group benefits, and understanding regulatory caps on premium hikes.
Minnesota has enacted a law prohibiting virtual currency kiosks, effective August 1, following Governor Tim Walz's signing of SF 3868 in May. The ban aims to curb scams, which caused residents $1 million in losses from 2023-2025, disproportionately targeting seniors.
Senior citizens can secure fixed deposit interest rates up to 8.3% for a three-year term, with Jana Small Finance Bank offering the highest. The article details how to avoid Tax Deducted at Source (TDS) on FD interest exceeding Rs 1 lakh by submitting Form 15H, especially if their total tax liability is zero.
Comparing the Senior Citizens Savings Scheme (SCSS) and Post Office Monthly Income Scheme (MIS) for senior citizens. SCSS offers a higher interest rate (8.2%) than MIS (7.4%) and provides tax benefits on principal investment under Section 80C (old tax regime).
The Senior Citizens' Savings Scheme (SCSS) offers an 8.2% interest rate for the July-September 2026 quarter. To achieve a quarterly income of approximately Rs 50,000, a senior citizen needs to invest around Rs 24.40 lakh.
Senior citizens in India are opting for 5-year fixed deposits in small finance banks, such as Suryoday SFB and Jana Small Finance Bank, which offer a competitive 8.05% interest rate, providing stable higher returns for retirement savings.
Senior citizens seeking steady retirement income can compare the Senior Citizens Savings Scheme (SCSS), Fixed Deposits (FDs), and RBI Floating Rate Bonds. SCSS offers 8.2% interest quarterly, FDs around 7-8% with flexible payouts, and RBI bonds 8.05% semi-annually.
Select small finance banks in India are offering senior citizens fixed deposit rates as high as 8.05% for a five-year term. Investors should note the DICGC insurance limit of Rs 5 lakh and can avoid TDS on FD interest by submitting Form 15H if their income is below taxable limits.
Senator Rick Scott highlighted China's control over US supply chains, particularly in pharmaceuticals, during a Senate hearing. He warned of the risks to older Americans' health, finances, and security due to this dependence.
The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) has enrolled 6 crore senior citizens and operates over 19,000 Jan Aushadhi Kendras. The scheme offers cashless healthcare coverage up to Rs 5 lakh annually for secondary and tertiary care, significantly reducing out-of-pocket expenses and saving citizens over Rs 40,000 crore on subsidized medicines.
Senior citizens can now avail fixed deposit interest rates of up to 8.3% from small finance banks like Unity SFB and Shivalik SFB, offering a lucrative opportunity for savings.
Small finance banks in India are offering senior citizens fixed deposit interest rates up to 8% for a three-year term on deposits up to Rs 3 crore. Investors can submit Form 15H to avoid TDS if their total income is below taxable limits.
HDFC Bank launched a voluntary double OTP system for senior citizens (60+) in Gurugram and Faridabad. This security measure requires verification from both the account holder and a trusted contact to prevent cyber fraud and financial losses.
Senior citizens can find competitive fixed deposit rates across PSU, private, and small finance banks, offering stable income with additional benefits and higher exemption limits for TDS.
Small finance banks in India are offering FD interest rates up to 8.05% for senior citizens on 3-year terms, with Jana Small Finance Bank at 8% and Utkarsh Small Finance Bank at 8.05%. Banks deduct TDS on FD interest exceeding Rs 1 lakh annually, but senior citizens with zero tax liability can submit Form 15H to avoid this deduction. Deposits are insured by DICGC up to Rs 5 lakh.
Leading PSU banks in India including SBI, Indian Bank, Bank of Baroda and Canara Bank offer special 444-day FD schemes with interest rates ranging from 6.45% to 7.35%. Indian Bank offers the highest rate at 6.60% for general citizens, 7.10% for seniors and 7.35% for super seniors. The schemes are valid for deposits below Rs 3 crore, with rates applicable from January-March 2026. A new unified TDS Form 121 will replace Forms 15G/15H from April 1, 2026.
Machida Zelvia, a Japanese club that was playing non-league football as recently as 2013, are one win away from becoming Asian Champions League champions. The Tokyo suburban club, led by a former high-school coach and averaging 14,000 fans, face Saudi Arabia's defending champions Al-Ahli in Saturday's final in Jeddah. They have already beaten big-spending Al Ittihad in this competition.
