Social Security, pensions, annuities, IRAs, Roth IRAs and 401(k ... 20 years—but most people choose the lifetime option. If you need the income right away, you can choose an immediate annuity.

The more pension savings you use to buy an annuity ... If you live in an area with a lower-than-average life expectancy, you may be offered a slightly higher rate. Check your annuity options and ...

Traditionally, Fixed Deposits (FDs) have been a popular choice due to their guaranteed returns. However, with evolving ...

LIC's Jeevan Akshay VII is an immediate annuity or pension plan wherein the policy holder has an option to choose type of annuity from 10 available options on payment of a lump sum amount.

The LIC smart pension plan offers a range of annuity options for both single life and joint life annuities.(Hemant Mishra/Mint) It is a non-par, non-linked, individual/group, savings, and ...

This article is part of a new Globe Advisor series, Pensions Unpacked, exploring how workplace pensions fit into retirement strategies, and the technical details and decisions that come with the ...

insured people will get a range of annuity options for single life as well as joint life types of annuities. "Retirement isn’t the end of earning—it’s the beginning of financial freedom!

Photo Credit: The Life Insurance Corporation of India (LIC) has launched a single premium “Smart Pension plan,” offering a range of annuity options for single life and joint life annuities.