The National Pension System (NPS) stands as a cornerstone for a stable retirement, offering a structured approach to safeguard your financial future.
Types of NPS
- Tier-I Account Compulsory for investment, restricts withdrawals until retirement.
- Tier-II Account Optional and flexible, permitting withdrawals as needed.
- Tax Benefits Eligible for tax deductions under specific sections.
- Diverse Investment Options Various choices based on risk preferences.
- Flexibility Ability to switch fund managers or investment preferences.
NPS provides tax advantages, investment diversity, and adaptability, ensuring a robust foundation for your retirement goals.