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Pension Schemes |
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Life Expectancy has been rising rapidly and today you can expect to live longer
than your earlier generations. For you, this increase will mean a longer retirement
life, stretching into a couple of decades. Hence you need to start planning right
from the beginning so as to avoid last minute rush.
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Differed
Annuity-(save during the earning span & enjoy your retirement)
Under differed annuity scheme one can contribute during earning period and opt for
pension any time in future.
• Retirement plans
• Mutual fund SIP
• Differed
Pension plans
• PPF
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Immediate Annuity
Pension starts immediately from next month. Generally pension is taxable.
• Insurance Immediate Annuity
• Mutual Funds.
In Mutual funds you can deposit your lump sum money in any of the schemes of your
choice and opt for either monthly/quarterly/half yearly dividend payout, or opt
for Systematic
withdrawal option. for tax effective regular income.
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