Pension Plans, also known as retirement plans or annuity plans, are financial products designed to help individuals build a corpus during their working years and receive regular income post-retirement. These plans offer a way to ensure a steady stream of income during retirement, allowing individuals to maintain their standard of living and meet their expenses without financial worries.
Types:

• Immediate Annuity Plans: Provide regular income immediately after retirement, allowing individuals to start receiving payouts as soon as the plan is purchased.
• Deferred Annuity Plans: Allow individuals to accumulate funds during their working years and receive regular income post-retirement.

Features:

• Regular Income: Enjoy a steady stream of income post-retirement, ensuring financial security and independence.
• Flexibility: Choose from various annuity options based on your retirement needs and preferences.
• Tax Benefits: Avail tax deductions on premiums paid and tax-deferred growth on your investments under Section 80C and Section 10(10D) of the Income Tax Act, respectively.
• Survivor Benefits: Ensure financial protection for your spouse or nominee with options to include survivor benefits in the plan.

Invest in My Wealth Cart's Pension Plans today and embark on a journey towards a worry-free retirement. With guaranteed income and comprehensive benefits, our plans offer the perfect solution to secure your financial future. Contact us now to explore our range of pension plans and start planning for a comfortable retirement today.