A pension plan is a financial product where you build a fund through regular payment or lump sum. during retirement this corpous provide steady payment , ensuring that individual have a source of income after they stop working.
A pension plan is a type of Investment plan that help individual invest for their future retirement needs. It allow you to accumulate a pool of fund by making either a lump sum investment or regular premium payment over a period of time. these plan ensure that you have a secure future by providing you with a steady income stream during your retirement years.
By contributing to a pension plan throughout your working years you can build a substantial cuprous that support your financial needs when you are no longer actively employed.
