Asalamoalikum Hazrat,
Mujhy ya pata krna tha k retirement plans main invest kr sakty hain ya nahi?
Is main is tra hota he k main apni salary ka kuch hissa is fund main dalta hon (misal k tor per 500) and mera employer kuch percentage dalta he (misal k tor par 6% of 500: $30). ya sara amount meray retirement fund main main jama hota rehta he and mujhy retirment k bad eik sath milyga.
Aya is tra krna jaiz he ya nahi?
JazakAllah
بسم اللہ الرحمن الرحیم
الجواب وباللہ التوفیق
Under the 401K plan, the employer deducts a percentage of money from the employee’s monthly salary, and to pay this saved money back to the employee upon his retirement. The additional amount given along with the original deposited money will be considered a gift and a donation, which is allowed to take.
It is not permissible to voluntarily invest money in this scheme. But if you have already deposited money in this plan, you are allowed to take back only the amount deposited by you. Any excess money will be considered interest.
فقط واللہ اعلم بالصواب