Want to retire a good life annuity program should start from now to go up

For working people, one day they will retire, and there are retirement programs all over the world to protect the rights of retirees, but the pension that most people receive after retirement is really not comparable to the one they received when they were working. It is precisely for this reason that some people would like to save up some funds through other channels to make their retirement life a bit more secure. In Hong Kong, 10Life's annuity plan is very popular.

Tax Deduction Function of Annuity Plan

Annuity plans are also known as tax deductible annuities, why? As we all know, working people need to pay personal income tax no matter where they are, but after joining an annuity plan, they can enjoy tax deduction, which is tantamount to an increase in income for the working people.

Three types of annuity plans

The annuity schemes introduced are not limited to one type, three types are introduced, savings annuity, retirement annuity and longevity annuity. For individuals, they can choose according to their own situation to see which one is suitable for them. You need to save for a rainy day, otherwise you will always have a lot of inconvenience when things go wrong, as in the case of the current epidemic, which has made many people suffer from not having any savings. If you don't want to suffer after retirement, you need to have a plan while you are still working, and an annuity plan is a good plan. 10Life has launched an annuity plan, also known as a deferred annuity, which consists of a contribution period, an accumulation period, and an income period, and the rolled-up accumulation will become an annuity for future income, so you can increase your income after retirement.

If you want to maintain the same standard of living as when you were working, you have to plan for it as early as possible. Early planning is the only way to enjoy a good retirement life after retirement. In Hong Kong, many working people have shown great interest in the annuity program launched by 10Life. If you all want to have a good retirement life, you might as well find out more about it, and I believe you will realize that with it, your retirement life will be more secure.