Which is the best Pension Plan for Senior Citizens run by Insurance companies?

Posted by Dolores
AKS asked:


My Parents aged 71 yrs and 60 yrs would like to invest in Pension Plan to get decent monthly amount as pension after certain years. Which plan they should opt for?

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This entry was posted on Friday, April 23rd, 2010 at 4:14 pm and is filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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2 Responses to “Which is the best Pension Plan for Senior Citizens run by Insurance companies?”

  1. ? Says:
    April 27th, 2010 at 12:55 am

    Create a video blog…instantly.

    They should invest in a fixed deferred annuity account for their set time horizon. Annuities with many companies are yielding near 6% or more.

    After the selected term of the annuity is over, they can then annuitize for guaranteed, lifetime monthly income.

    You can learn more about annuity accounts here:

  2. us Says:
    April 28th, 2010 at 10:30 am

    Caffeinated Content

    Dear Sir,
    There are so many pension plans available in our link.Its monthly fee is $19,quarterly $19 and yearly also $19. So choice is yours what kind of plan you required.For more quotes use link.Our representative will provide you more info regarding your queries.

    Thanks.