NPS Rules Changed: Withdraw 80% of Funds, Invest Till 85!

• PFRDA announced major NPS rule changes on December 16, primarily for non-government subscribers.
• Subscribers with over ₹12 lakh corpus can now withdraw 80% as a lump sum, up from 60%.
• Full withdrawal is allowed if the corpus is less than ₹8 lakh (previously ₹5 lakh).
• The age limit for investing in NPS has been extended to 85 years.
• New rules offer subscribers greater control and flexibility over their retirement savings.

Why It Matters: NPS rules now offer greater withdrawal flexibility and extended investment age for subscribers.