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Is This The Perfect Moment For Seniors To Lock In High Cd Rates Before Rates Drop?
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PNN New Delhi [India], May 10: Many elderly people in India depend on fixed deposits (FDs) for stable and consistent earnings. Given that special higher interest rates are provided solely to those who are 60 years old or older, such deposits have become a favored option for their financial plans after retiring. However, considering…
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Is This the Perfect Moment for Seniors to Lock in High CD Rates Before Rates Drop?
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PNN New Delhi [India], May 10: Many elderly people in India depend on fixed deposits (FDs) for stable and consistent earnings. Given that special higher interest rates are provided solely to those who are 60 years old or older, such deposits have become a favored option for their financial plans after retiring. However, considering…
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Locked Billions: South Korea’s Dementia-Linked Assets Spark Legal and Economic Concerns
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As South Korea faces an aging populace, the nation is grappling with a growing economic and legal issue: the significant amount of assets owned by individuals suffering from dementia, which are typically kept out of reach and unused. These so-called “dementia money” holdings—tied up in real estate, bank accounts and other financial instruments—are raising…