What are deferred annuity plans?
Deferred Annuity plans are insurance schemes where a portion of your income is deferred till the vested or retirement age. You can accumulate a corpus […]
Deferred Annuity plans are insurance schemes where a portion of your income is deferred till the vested or retirement age. You can accumulate a corpus […]
ULIP or Unit Linked pension plans are market-linked pension products from life insurance companies. These offer long term retirement plans. The funds from premiums is […]
Annuity is the regular payouts from the accumulated fund invested in a pension plan after retirement. This can be received monthly, quarterly, half-yearly or yearly. […]
All pension plan insurance policies offer a minimum guaranteed return, based on the company offering the policy and the terms thereof. Lifetime annuity is guaranteed […]
There are several types of retirement plans and these can be categorized based on: • Premium payment mode: has deferred annuity pension plan an immediate […]
In every pension plan, 33% of the final payout is withdrawable as lump sum and tax-free. The remaining amount is taxable. According to section 80CCC […]
The IRDA mandates a minimum guarantee with all pension plans, as “on-zero returns” on premium paid or guaranteed maturity benefits. Almost every pension plan insurance […]
Retirement planning will provide you with consistent income to meet your needs as well as your dependants’ after you retire, besides entitling you to tax […]
The earlier the better, as it will result in higher savings when you retire. Since life is unpredictable, the sooner you get retirement insurance policy, […]
Yes. PF is good but inflation will diminish the amount and it may not be enough for future needs, particularly if there are medical emergencies. […]
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