The government is mulling the revision of the NSSF Act 2013, given some challenges it poses as raised by the private sector.
Presently, the workers get a tax relief equivalent to 15 percent of their housing and SHIF contributions, which is smaller ...
If NSS investors withdraw the amount from their accounts now, both the principal and interest will be taxable.
Employers are facing a tough uphill battle as more tax deductions and penalties are set to kick in if the new proposed tax bills are enacted ... government to increase mandatory pension contributions ...
President William Ruto's administration will implement the third-year schedule of the National Social Security Fund (NSSF) ...
Some retirement savers can make larger 401(k) contributions in 2025 thanks to an obscure change made in the SECURE 2.0 act.