Planning for retirement starts with understanding the different types of pension plans available today. 💼📈

🔹 Defined Benefit Plans – Guaranteed income after retirement based on salary and years of service.
🔹 Defined Contribution Plans – Contributions are invested, and returns depend on market performance.
🔹 National Pension System (NPS) – A flexible retirement savings option with tax benefits.
🔹 Annuity Plans – Provide regular income payouts after retirement.
🔹 Public Provident Fund (PPF) – Long-term savings with government-backed security.
🔹 Employee Pension Schemes (EPS) – Retirement benefits for salaried employees under EPF.

Choosing the right pension plan can help secure your financial future and provide peace of mind during retirement years.

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