Individual Pension Plan

REQUIREMENTS

  • Fill out a proposal form
  • KRA pin
  • ID copy
  • Premium Payments

OUTLINE

An individual pension plan, also known as an individual retirement plan or personal pension plan, is a type of retirement savings account designed to provide financial security during retirement. Unlike employer-sponsored pension plans, which are offered to employees by their companies, an individual pension plan is established and funded by an individual for their own retirement needs.

DETAILS AND BENEFITS

Individual pension plans provide a valuable opportunity for individuals to take control of their retirement savings and build a nest egg for their future. They offer flexibility, tax advantages, and a wide range of investment options, allowing individuals to tailor their retirement planning according to their unique financial circumstances and goals.

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Individual pension plans provide a valuable opportunity for individuals to take control of their retirement savings and build a nest egg for their future. They offer flexibility, tax advantages, and a wide range of investment options, allowing individuals to tailor their retirement planning according to their unique financial circumstances and goals.

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