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BENEFITS OF NPS
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- Lowest cost option for planning retirement.
- Lower transaction cost
- Efficiency in operations
- Pension contribution invested by professional PFMs.
- Fund Management Charges > Govt NPS Architecture.
- Regulatory efficiency
- You can choose to invest upto 100% of your pension wealth to purchase the annuity.
- Offers Portability: account can be operated from anywhere in the country.
- After you retire at the age of 60, you may choose to purchase an annuity for an
amount 40% or greater than 40% else withdraw the remaining pension wealth in lump
sum.
- You have an option of selecting an annuity which will pay a survivor pension to
your spouse.
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