Choosing the right NPS annuity: Why expenses, behaviour, and risk tolerance matter for retirement incomeThe National Pension System's exit rule eased, allowing more flexibility with annuity purchases. Retirees must carefully decide how much to...
20 Apr, 2026, 06.30 AM IST
LICs Smart Pension Plan: What is it and other important FAQs for your retirement planningLIC Smart Pension Scheme 2025: LIC has introduced the Smart Pension Plan, a non-linked, non-participating annuity plan offering liquidity o...
19 Feb, 2025, 04.46 PM IST
LIC’s Smart Pension Plan: Key features, eligibility, annuity options, death benefits and moreLIC has introduced the Smart Pension Plan, offering flexible annuity options and secure income streams for retirees. The plan is designed f...
19 Feb, 2025, 10.31 AM IST
Retirement planning in NPS: You can lose Rs 21 lakh in total monthly income if you buy an annuity plan worth Rs 50 lakh without comparisonNPS investors must choose their annuity plans wisely to avoid significant income loss. Comparing annuity rates from different providers can...
03 Oct, 2024, 12.32 PM IST
LIC Jeevan Dhara II policy launched: New annuity plan with guaranteed income; know detailsLIC Jeevan Dhara II: Life Insurance Corporation of India (LIC) has launched a new annuity plan with guaranteed income. The minimum entry ag...
20 Jan, 2024, 02.12 PM IST
LIC Jeevan Akshay-VII annuity plan for monthly pension: Check eligibility, benefitsLIC Jeevan Akshay-VII is a non-linked, non-participating individual instant annuity plan. This plan is available for offline and online pur...
09 May, 2023, 04.21 PM IST
Retirement planning: How to choose the right annuity planAn annuity is considered as a provision for retirement where one can ensure a steady stream of regular income over the retired life of the ...
20 Feb, 2023, 06.30 AM IST
LIC hikes payout under New Jeevan Shanti annuity scheme; details hereThe modified version of this plan with higher annuity rates will be available for purchase on January 5, 2023. The incentive to pay higher ...
09 Jan, 2023, 11.45 AM IST
LIC increases annuity rates of Jeevan Akshay VII, New Jeevan Shanti with effect from Feb 1The modified version of these plans with revised annuity rates shall be available for sale from 1st Feb 2022. The annuity amount under both...
11 Feb, 2022, 03.23 PM IST
Be kind to your 60-year-old self! Start planning for your retirement right nowThe HDFC Life Pension Guaranteed Plan is a single premium annuity product that provides a regular guaranteed income for life. This offering...
16 Dec, 2021, 02.32 PM IST
LIC’s Saral Pension scheme launched: Who can buy, how much regular income you will get, other detailsLIC Saral Pension is a non-linked, non-participating plan. The buyer needs to buy this annuity with a single premium after which the annuit...
02 Jul, 2021, 12.30 PM IST
Can I open second Senior Citizens Savings Account with my wife as first applicant?An individual can open multiple Senior Citizen Savings Scheme (SCSS) accounts either individually or as a joint investor.
18 Jan, 2021, 12.16 PM IST
Tax queries: Annuity received on a periodic basis is taxable as an income under the head ‘Salaries’Dilip Lakhani Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
15 Mar, 2019, 11.45 AM IST
Find out which annuity option suits you the bestLaunch of LIC's annuity plan, rising rates have reignited interest in annuities. Here are 5 plans offered by LIC, SBI Life, ICICI Prudentia...
22 Oct, 2018, 10.04 AM IST
HDFC Life Pension Guaranteed Plan: Should you lock into annuity rates now?New scheme offers guaranteed rates on deferred annuity plan at time of purchase.
19 Feb, 2018, 06.30 AM IST
Retirement saving: Immediate annuity vs deferred annuityAn immediate annuity plan is purchased with a lumpsum. People who want to start their retirement payout opt for immediate annuity.
06 Apr, 2016, 01.00 AM IST
Bajaj Allianz’s new pension guarantee plan extends pension benefits to spouseApart from providing a guaranteed income for one’s lifetime, this immediate annuity plan has the options to extend annuity (pension) to the...
08 May, 2014, 02.33 PM IST