NPS Gift for Your Spouse: How Rs 5,000 monthly contribution can help them get Rs 1.14 cr corpus

ZeeBiz Desk Sep 02,2024

The National Pension System (NPS) is a market-linked pension scheme. People can utilise this strategy to save money for retirement. Employees in both the private and governmental sectors, as well as self-employed people, are eligible for NPS.

The Pension Fund Regulatory and Development Authority (PFRDA) oversees this scheme.

What is NPS?

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Benefits of NPS

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Open an account under your spouse's name

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NPS account can be opened in the name of spouse with even Rs 1,000. NPS account matures at the age of 60 years.

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NPS account can be opened in the name of spouse with even Rs 1,000. NPS account matures at the age of 60 years.

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How Rs 5,000 monthly contribution can help them get Rs 1.14 crore

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