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National Pension System Vs Atal Pension Yojana: Which is better and why

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When we hear the word "pension", the first thing that comes to mind is guaranteed income after retirement. It simply means an amount paid to a retired employee or others at regular intervals. The government and several private companies offer pension schemes and choosing the right one is a tough task. The two hugely popular schemes are -- National Pension System (NPS) and Atal Pension Yojana (APY). Both are government-run schemes and promise maximum benefits.

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