SLW is a good choice for retirees who want a steady income after retirement

The National Pension System (NPS) is a social security scheme for people aged 18-70

Penny drop is an account verification method that involves depositing a small amount in a subscriber’s bank account for authentication before crediting funds to the beneficiary.

The National Pension System (NPS) has grown in popularity in recent times among all types of investors. Its most attractive features include tax deductions, inculcating investment discipline, etc.

Planning for retirement is essential as it ensures financial stability when paycheques cease but expenses continue. The National Pension System is a beneficial savings scheme that offers both Tier 1 and Tier 2 accounts with distinct features, tax benefits, among others, thus making it a suitable option for retirement planning

NPS subscribers can now access their NPS statement on DigiLocker, a government-run safe storage facility with round-the-clock access

NPS Prosperity Planner helps calculate your NPS contributions to meet your retirement financial goals after accounting for inflation. Individuals without NPS accounts can also use the tool for retirement planning

PFRDA comes out with additional services for subscribers under T+2 timeline frame. Now, subscribers can reinvest returned and unsuccessful transaction amount into same PRAN