Category: Pension Plans
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National Pension scheme (NPS) Calculator
National Pension is one of the popular tax-saving schemes. In this post we look at various NPS Calculator and how NPS calculators work. National Pension scheme calculator works on the below few factors: Age Amount of contribution made Rate of return as prescribed by government for that given period of time. So we will discuss…
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Atal Pension Yojana Scheme : APY Calculator, APY Chart
Atal Pension Yojana(APY) ATAL PENSION YOJANA (APY) is a scheme provided by Indian government to help the weaker section (unorganised section) to enjoy the retirement benefits and pension schemes. It’s always very difficult for the weaker section to meet their needs and thus to help the weaker section to save and help to sustain during…
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Atal Pension Yojana VS National Pension Scheme – Which One Is Better?
Retirement planning is not confined to saving money only. It refers to the systematic approach that can build retirement corpus, which is sufficient to meet post-retirement financial obligations. Most individuals may involve in various saving schemes or insurance scheme or mutual funds to build a handsome retirement corpus, with the lump sum or regular income.…
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Investing in National pension scheme-Here is how to do it
NPS stands for National Pension Scheme introduced by the Indian Government. NPS is a retirement saving plan for an employee but built by both employer and employee. It is payable to the employee at the time of retirement. The main objective is to empower employees financially after retirement. This is applicable for central or state…
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How To Withdraw Funds From NPS After Retirement
NPS is a defined retirement plan that needs to be financed till the age of 60 years. Once the subscriber attains the age of 60 years, he/she can apply for withdrawal. A few years back, you could not make a premature withdrawal. Thanks to recent reforms, NPS is offering partial withdrawal with specific terms. You…