Top 5 Benefits of the Senior Citizen Savings Scheme
Retirement is a major life transition through which a person goes from his productive working years to the non-productive post-working years when one mostly lives a laid-back life. Towards the end of their working career, many people develop a concern for how they will make ends meet in their old age. To overcome this issue, the Government of India came up with the Senior Citizen Savings Scheme (SCSS) in 2004. The Senior Citizen Savings Scheme is a government-sponsored saving and investment plan only for senior citizens who are over 60 years of age. In this blog, you will come to know about the Top Five Perks of the Senior Citizen Savings Scheme.
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