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Types of Pension Plans in India – Explained in Detail

Aug 27, 2024, at 11:54 pm

With rising inflation, you must invest money in pension plans to secure your post-retirement life. The earlier you start investing, the smoother your financial journey will be. However, when it comes to choosing the best pension plan for investment, you will find various types available in India. For instance, if you decide to invest in NPS, you must first understand what is Tier 1 and Tier 2 in NPS before choosing the right pension plan.