Finance
Big GuyPFRDA Unveils New Retirement Income Scheme, How You Doin'?
Hey there! The PFRDA just dropped a brand new retirement income scheme! Now, you can manage your pension like a boss after clocking out for good. You can pull out your dough in phases, just like enjoying a slice of pizza, while letting the rest keep growing. Who knew retirement could be this exciting? It’s all about keeping it flexible, baby!
few days ago | Aman Sahu
Quick rundown
1.PFRDA introduces new retirement income options under NPS.
2.Subscribers can now manage pension savings with greater flexibility.
3.New drawdown options allow phased withdrawals during retirement.
4.Withdrawals won't affect mandatory annuitisation requirements.
5.Payouts can be received monthly, quarterly, or annually up to age 85.
