Guaranteed Pension Goal
Retirement is a phase of life that should be marked by relaxation, contentment, and financial security. At Momentum Finserv, we deeply appreciate the importance of financial stability during your retirement years. Our Guaranteed Pension Goal is meticulously designed to provide you with precisely that – a stress-free retirement marked by a dependable and regular income stream.
Key Advantage - Guaranteed Pension Goal
The key advantage of Guaranteed Pension Goal is its guaranteed pension payouts, providing worry-free retirement planning. Here are the key advantages of this plan:
Lifetime Income
Rest easy knowing that you'll continue to receive a regular income even after retirement, enabling you to maintain your desired lifestyle.
Tax Benefits
Enjoy tax benefits as per prevailing tax laws, optimizing your retirement planning for both security and efficiency.
Guaranteed Returns
Your investments come with the assurance of guaranteed returns, providing you with peace of mind as you plan for your golden years.
Flexibility
Tailor your premium payment frequency to align with your financial capability, ensuring that securing your retirement doesn't burden your budget.
How the Guaranteed Pension Goal Works?
You can choose the premium payment term, policy term, and payout frequency, tailoring the plan to your retirement needs:
- Premium Payment: Begin by paying regular premiums based on your chosen frequency - be it monthly, quarterly, half-yearly, or annually.
- Accumulation Phase: Your premiums are thoughtfully invested, allowing your corpus to grow consistently over time.
- Vesting Age: Decide upon your preferred vesting age - the point at which you wish to commence receiving your pension.
- Pension Payment: Once you reach your chosen vesting age, you'll start receiving regular pension payments, ensuring a comfortable and worry-free retirement.
Eligibility - Guaranteed Pension Goal
The Guaranteed Pension Goal is accessible to individuals aged 18 to 70 years. This inclusivity ensures that a wide range of people can benefit from this plan, securing their retirement regardless of their life stage.
Policy Benefits - Guaranteed Pension Goal
Guaranteed Pension Goal assures financial security and peace of mind during your retirement years, making it a dependable choice for long-term financial planning:
- Vesting Benefit: Choose between receiving a lump sum amount or using it to purchase an annuity, allowing you to tailor your retirement strategy to your preferences.
- Death Benefit: In the unfortunate event of your demise, your nominated beneficiary will receive the death benefit, ensuring that your loved ones are financially supported during challenging times.
- Tax Benefits: As per prevailing tax laws, enjoy tax benefits that enhance the efficiency of your retirement planning.
