Finance
DoggfatherPFRDA Unveils 10 Fresh Changes to NPS Rules, Fo' Shizzle!
Yo, peep this! PFRDA just rolled out ten fresh changes to the NPS game, boosting flexibility for all you subscribers out there. Now you can invest till you're 85, and that mandatory annuity? Dropped to 20%, so you can cash out more when it’s time to chill and retire, ya dig?
few days ago | Amit Kumar
Quick rundown
1.NPS investment age limit increased to 85 years.
2.Lower annuity requirement for non-government subscribers.
3.Full withdrawal allowed for NPS corpus up to Rs 8 lakh.
4.Systematic withdrawals introduced for phased corpus redemption.
5.NPS changes enhance flexibility and liquidity for retirees.
