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The Insurance Regulatory Authority of Kenya (IRA) is the sole authority charged with regulation and supervision of the insurance industry within the Republic of Kenya, as guided by Section 3 of Kenya's Insurance Act, which establishes the Authority.
Retirement Benefits Authority is mandated to: [1] Protect the interest of members and sponsors of retirement Benefits schemes. Advise the Government on matters relating to retirement benefits.
To increase tax compliance percentages and encourage more people to file their taxes, the Kenya Revenue Authority has an elaborate online portal [3] that allows citizens to log in and either file tax returns, check their penalties [4] or apply for a certificate of tax compliance. This is in line with the Kenyan government's efforts to automate ...
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It’s important to note that a traditional IRA or traditional 401(k) that has been converted to a Roth IRA will be taxed and penalized if withdrawals are taken within five years of the conversion ...
If clients expect to be in a lower bracket, it might be better to go with a traditional IRA. If higher, then the Roth may make more sense. In other words, the decisions is really a question of ...
Liberty Life Assurance Kenya Limited can trace its roots to 1964 when it was founded as Kenya American Insurance Company Limited; the company provided insurance services, investment solutions, education and retirement savings plans.
Previously, you couldn’t contribute to a traditional IRA past the age of 70 ½, but that changed in 2020, so now there aren’t age restrictions in place for contributing to either a Roth or ...