These plans are best suited for individuals with a lower risk appetite as they provide guaranteed benefits.
Switching to the UPS could be a game-changer for your retirement planning, especially if you value guaranteed benefits and higher government contributions, observes Ramalingam Kalirajan.
Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Depending on your liquidity requirement, invest in the right debt instruments.
Tax Guru Anil Rego answers your personal income tax queries.