Avoid withdrawing more from National Pension Scheme than you need
Published by Business Standard
Abhishek Kumar's role: Quoted
Abhishek Kumar said the systematic lump-sum withdrawal facility suits NPS subscribers wanting larger cash flows early in retirement without managing the corpus, and could help retirees avoid mis-selling. He cautioned that they should keep a separate emergency fund.
More of Abhishek's views on retirement
Business Standard covers a PFRDA proposal, made through an October 2023 circular, to offer NPS subscribers a systematic lump-sum withdrawal facility. It explains what the facility is and why subscribers should avoid drawing more from their corpus than they need.
Publisher source
Avoid withdrawing more from National Pension Scheme than you need