How NPS Plays an Important Role in Retirement Planning?

Investment Online
Retirement planning is an integral aspect of financial well-being. We work diligently throughout our careers with the aspiration of living comfortably and without financial constraints during our retirement years. The National Pension System (NPS) is one of the pivotal instruments that play a significant role in retirement planning. In this comprehensive guide, we will explore the multifaceted role of the NPS and its importance in securing your financial future during your retirement. What Is the National Pension System (NPS)? The National Pension System (NPS) is a voluntary, long-term retirement savings scheme introduced by the Indian government. Its primary objective is to provide financial security to you during your post-retirement years. The NPS is structured as a defined contribution plan that allows you to contribute a portion of your income to…
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