NPS: National Pension Scheme
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1. Introduction to NPS
If you are interested in learning about the National Pension Scheme (NPS), take a moment and give yourself some credit—seriously! You’re one of the few actively thinking about retirement. For th ..
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2. NPS vs. other retirement plans
“There is a choice you have to make in everything you do. And you must always keep in mind the choice you make makes you.” – John Wooden, the famous American Basketball Coach 2.1 – R ..
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3. Investment Options in NPS
3.1 – Types of accounts Once you have decided to invest in NPS, it is time to understand the details of the product. Before that, a quick note on the two routes you can choose to invest in NPS ..
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4. Exit & Withdrawals
“What doesn’t kill you makes you stronger” This chapter covers the exit and withdrawal rules from the NPS Tier I account. These rules apply whether you reach the retirement age o ..
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5. NPS Tier II Account
Think of two siblings growing up in the same household. The older sibling is always expected to follow the rules—curfews, responsibilities, and a clear path laid out by the parents. Meanwhile, the y ..
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6. NPS Tax rules & benefits
There are only a few things in this world that encourage people to save as much as the promise of tax benefits does, right? The worry of not having saved enough by the time of retirement or the fear o ..