Is deferred annuity a good investment?



ORIGINAL POST

Posted by Slowxfish 18 days ago
I've got someone just talked to me about this product lately. Still not so sure, heard cash will be trapped for years

Please support our advertisers:

COMMENTS

KarenIp 17 days ago
Hi slowxfish,

It depends on what you're aiming for, because the maximum tax deductible limit is ~10,000hkd each year per taxpayer, still a good number for some high-income taxpayers. However, it is a long-term insurance contract for the purpose of converting your capital into long-term stable income for retirement, definitely not for pursuing a high return.

p.s. 31 March 2020 is the end of the annuity period of 2019/20, done it before the date if you're considering about it.

PM me if you need consultations, I'm an insurance agent from AIA.

Karen

Please support our advertisers:

< Back to main category



Login now