NPS & EPF Rules Transformed: More Flexibility, Faster Access to Retirement Savings

• NPS annuity requirement reduced from 40% to 20%, allowing 80% lump sum withdrawal for retirees.
• NPS corpus of Rs 8 lakh or less can be fully withdrawn without annuity, benefiting small savers.
• NPS exit possible after 15 years; partial withdrawals increased to four times before age 60.
• Non-government NPS investors can now allocate up to 100% to equity from October 2025.
• EPF withdrawal reasons simplified to 3 categories; employer approval mostly removed for transfers.

Why It Matters: New NPS and EPF rules offer greater flexibility, easier access, and digital convenience for retirement savings.