NPS for Retirement Planning

NPS for Retirement Planning

• It is voluntary - NPS is open to every Indian citizen. Subscriber can choose the amount you want to set aside and save every year.
• It is flexible - Subscriber can choose your own investment option and Pension Fund Manager and see his money grow.
• It is portable - Subscriber can operate his account from anywhere in the country, even if he changes city, job or Pension Fund Manager.
• It is regulated - NPS is regulated by PFRDA, with transparent investment norms and regular monitoring and performance review of fund managers by NPS Trust.
• Reasonable market based returns - over the long term
• Tax Benefits - Contribution towards NPS exempted under Sec 80C
• Low cost investment - Cost effective mode of planning for one's retirement.