Fri, Jun 28, 2024
Retirement Planning: One can contribute to NPS starting at age 18 and continue it till 70 years of age. NPS offers Tier-I and Tier-II accounts. In a Tier-I account, the lock-in period is 60 years of age. At retirement, one can withdraw up to 60 per cent lump sum, and the rest of 40 per cent should go into purchasing annuities to draw a monthly. If one wants, they can purchase annuities for all of their 100 per cent retirement corpus.
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Thu, May 16, 2024
Retirement Planning: If you are planning for your retirement and want to get pension every month, then it is important for you to invest in those schemes which give good returns. Here are five schemes that offer a reliable monthly pension, ensuring you do not have to depend on anyone in your later years.
Tue, May 28, 2019
Form 10D is meant specifically for EPS, which will help the claimant withdraw money on monthly basis.
Tue, Apr 03, 2018
The EPFO operates a retirement scheme called Employees' Provident Fund (EPF). However, this is not the only retirement scheme that is available in the market.
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