The National Pension System (NPS) offers flexible investment options, tax benefits, low cost, and portability. It is a voluntary defined contribution pension system that provides social security to all citizens, especially those in the unorganized sector. The NPS is regulated by the PFRDA, ensuring transparency and accountability in the management of pension funds. At the time of retirement, individuals can choose from various annuity options to receive a regular income. Overall, the NPS is a good retirement savings option for individuals looking to secure their financial future. visit https://www.fundsindia.com/national-pension-system
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