Tue, Oct 08, 2024
NPS Annuity Calculator: National Pension System (NPS) is a retirement scheme where one can contribute a lump sum amount or on a monthly basis. They get market-linked returns on this investment, which helps them build a retirement corpus. At 60 years of age, they can withdraw up to 60 per cent corpus from it. From the rest of 40 per cent, they purchase an annuity plan to get monthly pension.
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Fri, Sep 27, 2024
NPS offers many benefits. Some of them include low maintenance costs, compounding interest, tax benefits, portability, and phased withdrawal among others.
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