Homemakers are often dependent on their husbands for financial needs. The untimely death of the earning partner suddenly creates a monetary void. To resolve this issue and provide financial support to such women, the government has initiated the Vidhwa Pension Scheme. This scheme aims to give widows a steady source of income.

Let us talk about this scheme in detail, along with its eligibility criteria, application, and its advantages.

Retirement plans should be a key part of your retirement planning strategy as these long-term investments are integral for created a source of regular income post retirement. One of the key concepts in this regard is the vesting of retirement plans. Read to know the meaning of vesting in retirement plans and how a vested retirement plan can help secure you financially during your golden years.

There is a wide range of retirement plans to choose from these days. However, choosing the ideal type of benefit plan for your future years is equally important. One key type of retirement plan that is preferred by many individuals is a defined benefit plan. Defined benefit plans refer to pension plans where the returns are predefined and their returns remain unchanged over time. Read this blog to know more about a defined benefit plan, its features, benefits, tax benefits, and more.

In India, one of the most common ways to achieve post-retirement financial security is to choose an annuity. If you are looking to invest in an annuity, then it is necessary to know the different types of annuity options available in India. Read on to know details about the various types of annuity plans including their key features, benefits, working, and more.

For a stress-free retirement, it is vital that you ensure availability of a regular income even if you are no longer working. One way to do this is an immediate annuity plan that allows you to make a single lump sum investment and start receiving regular payouts right away. Read on to know key details about immediate annuity plans including benefits, key features, taxation rules, etc. to make an informed choice whether it suits your unique needs.