Can i stop contributing to the eNPS in between?
Yes, you can stop contributing to the eNPS at any time. However, it is generally recommended to continue contributing to the eNPS until you reach the age of retirement, as this will help to ensure that you have sufficient savings to support yourself during the post-retirement phase.
If you decide to stop contributing to the eNPS before reaching the age of retirement, you can withdraw your accumulated savings, subject to certain conditions. However, please note that you will not be able to rejoin the eNPS once you have withdrawn your savings.
It is also worth noting that the eNPS is a long-term investment and the value of your investments may fluctuate over time. Stopping your contributions prematurely could potentially impact the overall growth of your pension savings.
Therefore, it is important to carefully consider your decision to stop contributing to the eNPS and to seek financial advice if necessary.
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