There are various retirement investment plans but choosing the best is somewhat very tricky. Retirement investment plans refers to those plans that offers steady and regular monthly income after the retirement of an individual. Some plans are also known for offer capital guarantee against all types of risk.
In a retirement plan, a person need to make regular payments and the frequency generally differs from one plan to another. The retirement investment plans of today are highly flexible so as to cater the taste and requirements of various people. Some of the renowned financial institutions and insurance companies are offering retirement investment plans to its customers.
One such retirement plan that is truly the best is the American Legacy. This plan is highly flexible and has got variable annuity plan that helps people to stay financially independent and secure throughout their lives. This very retirement investment plan offers plenty of options to its investors regarding investment. The company has got the best financial advisors that help people to get more out of their policy.
Today’s retirement investment plans are meant to reduce the additional costs, which are mainly associated with investment for a specific period of time. The retirement plans of today offer huge benefits to its customers and among them tax benefits are the one. The incomes from these investments are fully exempted from tax, which is according to section 88 of the Indian Income Tax Act.
In certain retirement investments plans, annual contract fees are not charged and this further enhances the appeal of retirement plans.