“`html
{
"@context": "https://schema.org",
"@type": "FAQPage",
"mainEntity":[
{
"@type": "Question",
"name": "What exactly is the National Pension System (NPS)?",
"acceptedAnswer": {
"@type": "Answer",
"text": "The National Pension System (NPS) is a voluntary, government-sponsored retirement savings scheme designed to encourage Indian citizens to save regularly for their retirement years. It's regulated by the Pension Fund Regulatory and Progress Authority (PFRDA)."
}
},
{
"@type": "Question",
"name": "Who is eligible to join the National Pension System?",
"acceptedAnswer": {
"@type": "Answer",
"text": "Any indian citizen between 18 and 70 years old can join the NPS. This includes both salaried employees and self-employed individuals. Enrollment requires submitting an application and completing the Know Your Customer (KYC) process."
}
},
{
"@type": "Question",
"name": "What are the different types of NPS accounts available?",
"acceptedAnswer": {
"@type": "Answer",
"text": "There are two primary types of NPS accounts: Tier I and Tier II.Tier I is the main retirement savings account with restricted withdrawals and tax benefits. Tier II is a voluntary savings account that allows withdrawals at any time but offers fewer tax advantages."
}
},
{
"@type": "Question",
"name": "How does the investment process work within the NPS scheme?",
"acceptedAnswer": {
"@type": "Answer",
"text": "Your NPS contributions are invested in a mix of asset classes, including equity, corporate bonds