Prioritise retirement security, withdraw from NPS only in emergency
Published by Business Standard
Abhishek Kumar's role: Quoted
Abhishek Kumar, founder of SahajMoney, set out the main reasons for NPS partial withdrawals from PFRDA data, explained the limits on how often and how much can be withdrawn, and suggested saving ahead for goals, buying adequate insurance and keeping an emergency fund.
More of Abhishek's views on retirement
Business Standard looks at the sharp rise in partial withdrawal requests from NPS tier-1 accounts in 2022-23, as shown in the PFRDA's statistics handbook. It covers the likely causes, the rules that restrict early withdrawals and other ways to raise money before drawing down a retirement corpus.
Publisher source
Prioritise retirement security, withdraw from NPS only in emergency
