Is deferred annuity a good investment?



ORIGINAL POST
Posted by Slowxfish 3 mths 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 3 mths 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