New Delhi: This is very important information for senior citizens. NPS subscribers can now withdraw full money at once. The facility will be implemented soon. The Pension Fund Regulation and Development Authority is ready to offer a new option to pensioners.
The government is planning a National Pension System for senior citizens . It makes some changes over time to attract people. This amount can be withdrawn at the same time if the subscriber’s entire copy is Rs 5 lakh
2 lakh in the past. Can only be retrieved. There were a few conditions. Money Withdrawal was also required for three years . Percentage of full investment Only 25 could be withdrawn. Only money for children’s education, marriage, home buying and treatment for serious illnesses is available.
The maximum age for investing in NPS is suggested to be 70 years. Previously, the maximum age was 65 years. In addition, PFRD aims to bring 10 lakh newcomers under the system this year. If you invest in NPS at age 60, they can keep the account up to 75 years old.