NPS Retirement Planning: How The Pension Scheme Can Help Build A Long-Term Retirement Corpus

The National Pension System can form part of a long-term retirement strategy by combining market-linked investments with pension-focused savings. Subscribers can choose their asset allocation or use an age-based option, while NPS also offers tax benefits under specified conditions. Understanding Tier I and Tier II accounts, returns, exit rules and annuity taxation is important before investing.