As an Indian immigrant in Kenya, securing a comfortable and reliable income stream after retirement can be a major concern. Many people struggle with the uncertainty of how to continue supporting themselves once they step away from active work or business.
You want a solution that ensures peace of mind, provides regular income, and allows you to maintain your lifestyle without the stress of fluctuating income or running out of funds in your later years.
Introducing the Retirement Annuity Plan—your pathway to financial freedom in retirement. Designed for those who wish to enjoy a regular and guaranteed income, even after leaving active service or business.
This annuity plan offers security and peace of mind by providing fixed, tax-exempt payments for life—ensuring that your hard-earned money continues to work for you long after you retire.
Features & Benefits:
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- Guaranteed Income for Life: Enjoy regular pension payments that are guaranteed for life, with a minimum guarantee of 10 years.
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- Tax-Free Income: Pension income of up to Ksh. 25,000 monthly is completely tax-exempt. Plus, pensioners over 65 enjoy fully tax-free payments, ensuring you keep more of your hard-earned money.
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- Flexible Payment Options: Choose from various payment intervals (monthly, quarterly, half-yearly, or yearly) to match your personal financial needs and preferences.
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- Peace of Mind: Once you make your lump sum payment, you can rest easy knowing your retirement years are covered with a predictable, fixed income.
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- Protection for Loved Ones: Your pension payments continue for as long as you live, helping you maintain your lifestyle and provide for any dependents without worrying about outliving your savings.
Frequently Asked Questions:
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- What is the minimum amount I need to invest in the annuity?
The initial lump sum amount required to start the annuity plan depends on the payment amount you wish to receive. The higher your investment, the greater your regular payments will be.
- What is the minimum amount I need to invest in the annuity?
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- Can I choose how often I receive payments?
Yes! You can choose between monthly, quarterly, half-yearly, or yearly payment intervals, depending on what suits your financial situation best.
- Can I choose how often I receive payments?
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- What happens if I pass away before the 10-year guarantee period ends?
If you pass away within the guaranteed 10 years, your beneficiaries will continue to receive the annuity payments for the remaining term of the guarantee.
- What happens if I pass away before the 10-year guarantee period ends?
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- How do I know if this plan is right for me?
This plan is ideal for individuals who are looking for a stable and predictable income stream during retirement. It’s particularly beneficial if you have already started planning for retirement and want to ensure a reliable financial future.
- How do I know if this plan is right for me?
Make your retirement worry-free with the Retirement Annuity Plan—secure your future today and enjoy the peace of mind that comes with knowing you’ll always have a steady income, no matter what life brings.