One should choose an annuity plan based on income requirement, duration, flexibility in premium payments, tax benefits, etc., that provide the best solution to their needs. 

A Senior Citizen Savings Scheme (SCSS) provides regular cash flows, while a Senior Citizen Savings Account offers flexibility in deposits and other benefits. Learn more.

Understanding the various features of each specialised insurance retirement plan is vital.

As per EPFO’s updated guidelines in February 2023, employees who retired before September 1, 2014, and those who continued after that date are eligible to apply for higher pensions.

NPS allows you to save for retirement, but how much the investment and the retirement corpus should be remains a question. NPP may have that answer, too.

For employees, EPF offers the most secure and attractive option for retirement planning. Self-employed individuals also have retirement planning options, but they are frequently overlooked.

Explore the benefits of employer-sponsored retirement plans, such as the Employee Provident Fund (EPF). Comparable to the widely known 401(k) plan in the US, eligible employers contribute to this retirement plan. Learn More.

Sixty-seven per cent of respondents in a survey said they have a retirement plan in place, and 63 per cent said they have a comprehensive plan.

The focus on retirement planning has gained momentum post the Covid-19 pandemic, seeing an 18 per cent increase in the number of people planning for retirement, a PGIM survey revealed.

While obstacles in retirement planning may seem like a dead-end, they can help you get a sound retirement if taken care of properly.