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New NPS withdrawal plan: Retirement Income Scheme offers an orderly exit, but no return guarantee - The Economic Times
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme (RIS) under NPS, allowing retirees to receive systematic payouts from the 80% withdrawable corpus until age 85 while keeping funds invested. RIS aims to improve income stability, corpus longevity, and inflation-beating returns. However, payouts remain market-linked, tax treatment remains unclear, and the scheme may be complex for some retirees.
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thehindubusinessline.com
Simply Put: NPS gets a new retirement income option
Discover the new Retirement Income Scheme under NPS, offering retirees a steady income stream while keeping savings invested.
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economictimes.indiatimes.com
New NPS withdrawal plan: Retirement Income Scheme offers an orderly exit, but no return guarantee - The Economic Times
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme (RIS) under NPS, allowing retirees to receive systematic payouts from the…