Secure Your Golden Years Today
Retirement should be a time to enjoy the rewards of a life well-lived, not a time to worry about finances. With our Retirement Solutions, you can ensure that you have the resources to live comfortably and confidently in your post-working years. Our comprehensive Retirement Solutions are designed to provide you with the financial security and peace of mind you deserve.
Key Elements of Our Retirement Solutions
1. Pension Plans
Pension plans provide you with a steady income stream after you retire. We offer both deferred pension plans (where income begins at a later stage) and immediate annuities (where income starts as soon as you retire). You can customize your payout frequency — monthly, quarterly, or annually — based on your needs.
2. Unit Linked Pension Plans (ULPPs)
For those looking for market-linked growth while saving for retirement, our ULPPs offer the perfect balance between wealth creation and retirement security. These plans allow you to invest in equity and debt markets, giving you the flexibility to switch funds as per market conditions and your financial goals.
3. Tax-Efficient Retirement Planning
Our retirement solutions come with attractive tax benefits. Under Section 80C of the Income Tax Act, contributions to various pension plans are eligible for tax deductions of up to ₹1.5 lakh per annum. Additionally, the National Pension System (NPS) offers an extra deduction of ₹50,000 under Section 80CCD(1B).
4. Healthcare and Long-Term Care Plans
As healthcare costs rise, it is essential to secure your post-retirement years against any medical emergencies. We provide specialized health insurance policies and critical illness riders that cover you beyond your working years, ensuring that medical expenses don’t erode your retirement savings.
5. Estate Planning
Securing your family’s financial future is just as important as planning your own. Through estate planning solutions like wills and trusts, you can ensure that your wealth is passed on to the next generation smoothly and tax-efficiently.