Finance
Mr. BillionhairNPS Exit Rules: Withdraw Your Cash Like a Total Champion!
Listen up, America! The NPS is a game-changer! After 15 years or hitting 60, you can withdraw your retirement cash—tremendous! You must buy an annuity with 20%—very smart! Up to 80%? Take it all! Want to wait until 85? Go for it! Your money goes to your family if you’re out—believe me! It’s the best deal ever!
few days ago | Amit Kumar
Quick rundown
1.NPS allows flexible withdrawal options for retirees.
2.Subscribers can defer withdrawals until age 85.
3.Premature exit requires 80% annuity purchase.
4.Corpus size dictates withdrawal structure.
5.Nominees can choose lump sum or annuity on subscriber's death.
