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