Annuity Plans – What, Why, and Why Bother

Annuity Plans - What, Why, and Why Bother 2

Summary An ‘Annuity’ is a (financial) product that provides a steady, periodic income, over many years,  to the buyer. This part of annuity makes it similar to a pension. Probably due to this, annuity plans are popular in India. In this short article we consider the factors of annuity and look at who it is