NPS Explained... Should you Invest in NPS??

National Pension Scheme (NPS), a government-sponsored pension scheme, was launched in January 2004 for government employees. It was opened to all sections in 2009. A subscriber can contribute regularly in a pension account during her working life, withdraw a part of the corpus in a lumpsum and use the remaining corpus to buy an annuity to secure a regular income after retirement.

Some of the topics covered in this video includes
00:00 - Start
00:42 - Basic details of NPS
01:36 - Who is eligible to open NPS
01:54 - Types of Accounts in NPS
02:20 - Tax benefits under various sections
05:16 - Withdrawal from NPS
08:37 - Early closure of NPS Account