Deferred annuity plans: Ensure retirement income with guaranteed return
Last Update Date: 06-10-2026
Published by Business Standard
Abhishek Kumar's role: Quoted
Abhishek Kumar cautioned that fixed payouts may not keep pace with inflation and that steep surrender charges limit liquidity. He said these plans can suit people aged 45 to 55 with other savings, but not those without health cover.
More of Abhishek's views on insurance
The article explains deferred annuity plans, which build a corpus during working years and pay an income in retirement. It covers fixed-payout and market-linked versions, tax treatment, fees, surrender charges and payout choices, and who may find them suitable.
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Deferred annuity plans: Ensure retirement income with guaranteed return