Plan to start saving for your retirement? Where should you invest? Let’s look at various products where you can invest in. Defined Benefit Plans from Employers Pension plans from Insurance Companies National Pension Scheme (NPS) Retirement Plans from Mutual Funds Disciplined investing in Mutual funds (along with PPF, EPF etc) In this post, I will compare … [Read more...] about Retirement Planning: Pension plans or Mutual Funds?
For many of us, retirement planning is all about creating an income stream during retirement. Pension products can do that for you. There are quite a few retirement plans available in the market. Pension plans from insurance companies corner a fair share of this market. In this post, I will discuss pension plans from insurance companies in detail. How does a Pension Plan … [Read more...] about PFP Primer: Pension plans from Insurance Companies
During our working life, we get used to receiving salary credit in our bank accounts. After retirement, this routine can come to an abrupt halt. Many government employees who have been contributing to their Defined Benefit Pension plan can still heave a sigh of relief. For others, they need to figure out a way to stick to the routine. It is not that you cannot do without … [Read more...] about Tax Treatment of Pension Plans from Insurance Companies