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submitted by Amit Kumar (28 m) on 6 Jul 2010 13:33:03 IST
If you are looking to secure a regular income on retirement, pension plans offered by insurance companies possibly offer the widest menu of choices. Market-linked investment options, various choices on the annuity and a favourable tax structure for such policies are some of the reasons why investors should consider them. Here we tell you what options are available: An investor has to be clear about three things before buying a pension policy – the age at which he wishes to retire (vesting age), the retirement corpus, i.e. the money needed post-retirement, and the premium he can manage to pay to build that corpus. In a pension policy, the b
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