Retirement Planning Simplified: Comparing Immediate and Deferred Annuities
1 Articles
1 Articles
Retirement Planning Simplified: Comparing Immediate and Deferred Annuities
Annuities are a popular retirement investment option in India, providing guaranteed income streams for financial security. However, choosing between an immediate annuity and a deferred annuity can be challenging. The right choice depends on your financial situation, retirement goals, and income needs. This article explains the differences between these two types of annuities, their benefits, drawbacks, taxation rules, and how they fit into a sol…
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