Home / PF / News / Investments / Purchase annuities in a staggered manner to get a better rate of return

Purchase annuities in a staggered manner to get a better rate of return

Buy plans that do not have return of purchase price option, at a later age, to get a better rate of return

Sanjay Kumar Singh |Business Standard | New Delhi
Premium
Purchase annuities in a staggered manner to get a better rate of return

3 min read Last Updated : Jan 14 2021 | 1:00 AM IST
Follow Us

Listen to This Article

Immediate annuity plans of insurers are currently offering relatively attractive rates of return. The rate for 60-year-olds with the return of purchase price (RoPP) option, where the principal is retu

Topics :InvestmentsFinancial planningPensionsretirementsavingsFixed depositsinvestment plan

First Published: Jan 13 2021 | 10:22 PM IST

Also Read

Buy annuities at a later age and avoid return of purchase price option

This is not the time to lock yourself into long-term fixed deposits

Household financial savings improve on sharp decline in borrowings: RBI

No merit in relaxing 10% cap on single stock investment: Sebi chief

Street signs: ELSS outflow an unusual surprise, Antony shares slide & more

Worried about valuations? Go for a balanced advantage fund, say experts

Don't exit the market over fears of a correction in high equity valuations

String of IPOs lined up, study them in detail before investing in any

Don't chase last year's outperformers in debt funds, advise analysts

Planning to invest in value funds? Performance hinges on earnings recovery

Next Story