Deferred Annuity: IA deferred pension scheme allows you to
accumulate a corpus through normal charges or single premium over a policy term.
Not exact matches
So, if I do a SIP in mutual funds of Rs. 12,000, I can pre-pay my left loan in 10th year using my
corpus which has been
accumulated through Mutual Fund SIPs.
It is mandatory to purchase annuity worth 40 % of the
corpus accumulated through NPS at the time of retirement.
When the pension plan holder survives
through the policy term, he / she is liable to receive the
accumulated corpus and enjoy the retirement period.
3 — If one has to
accumulate retirement
corpus through a plan like this, what is the total cost involved to get decent accumulation (can be very high) and do nt you think not investing in other better alternate avenues can itself is a big risk factor.