Cash Flow
Select a pension plan based on your affordability and post-retirement expenses.
Flexibility
Choose a plan that offers flexibility in premium payments and withdrawals.
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Annuity Rate
Different pension plans have different returns, so choose one as per your risk appetite.
Vesting Age
Pension plans typically offer pensions at 60, so select a policy that matches the vesting age.
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Joint Annuity Plan
It offers pensions for the couple; even if you die, your spouse will continue to receive money.
Return Of Purchase Price
In this plan, the annuitant receives payments for life; after death, the purchase price is returned to the nominee.
Lower Returns
While investing in a plan, consider the prospect of higher inflation, as it can erode the returns.
Tax Liability
Under the new tax regime, there are no benefits under Section 80C.
Compiled By Avijit Gupta.
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