At Snowball Financial Services, we understand the significance of a secure retirement life. We provide NPS with personalized guidance, thorough analysis, and customized strategies to help you meet your retirement goals.
The National Pension System is administered by the Pension Fund Regulatory and Development Authority (PFRDA) in India. It allows individuals to build wealth through effective investments. These contributions create a pension corpus from which regular income is generated after retirement. Choose from leading NPS service providers and benefit from our expert advice to select the best fund manager for your needs.
NPS allows you to diversify your investments across asset classes such as equities, corporate debt, government securities, and alternative assets.
It provides regular pension income after retirement and ensures financial stability and peace of mind in your golden years.
Eligible for claiming tax deductions up to Rs 2 lakh (Rs 1.5 lakh under Section 80CCD (1) plus Rs 50,000 under Section 80CCD(1B)), reducing your taxable income.
Your funds are invested in a mix of assets, including equities, which have the potential to offer higher returns over time.
When you turn 60, you can withdraw 60% of your savings. The remaining 40% must be used to buy an annuity plan. This provides you with a regular income during retirement.
Eligible for claiming tax deductions up to Rs 2 lakh (Rs 1.5 lakh under Section 80CCD (1) plus Rs 50,000 under Section 80CCD(1B)), reducing your taxable income.
