Retirement Planning | Old Age Pension Trinidad

Sheppard

Retirement Planning | Old Age Pension Trinidad

Looking for a Retirement Plan? Our team at Sheppard will help you and ensure that you are prepared to retire comfortably.

Everyone dreams of kicking back and enjoying an early retirement, but have you ever truly considered what ‘early retirement’ means to you? How do you envision those non-working years? Our team is here to help you answer those tough questions and ensure that you are prepared to retire comfortably. We will help you to set your goals, adapt to those inevitable changing circumstances in life, and take control of your finances.

Sheppard’s tax-deferred annuity plan will encourage saving for the future and help you reach your long-term goals with one of our risk-managed plans

Benefits
Tax Saving
Annual contributions to your account, up to TT$60,000, are eligible for tax deductions.
Maturity Options
Your options include receiving a tax-free lump sum and applying the remaining balance of your account towards the purchase of an annuity for life, or you can choose to apply the entire value of your account towards the purchase of an annuity for life.
Name Your Beneficiaries
If anything happens to you before the selected maturity date, your nominated beneficiaries will receive the value of your account.
Flexible Annuity
You can choose the most convenient annuity payment schedule to suit your needs. It can be payable monthly, quarterly, semi-annually, or annually and may be guaranteed for a period of 5–15 years. You can also opt for the annuity to be payable upon your death to your spouse, child, or any dependent.
Transferable
Your plan is your own. If you already maintain an existing BIR-approved individual retirement plan, it can be transferred to your PTDIP account and vice versa.

visit us: https://sheppard.tt/retirement-planning/

Sheppard

The Ultimate Resource: Finding the Right Dermatologist in Trinidad and Tobago

kona20 2024-04-23

In Trinidad and Tobago, where the vibrant culture and tropical climate are celebrated, taking care of your skin is paramount. Whether you're dealing with acne, eczema, or seeking preventative skincare advice, finding the right dermatologist can make all the difference. Specialization: Some dermatologists specialize in specific areas such as pediatric dermatology, Aging & cosmetic dermatology, or dermatopathology. Common Dermatological Services:Dermatologists in Trinidad and Tobago offer a range of services, including but not limited to:1. Hair and Nail Disorders TreatmentConclusion:Prioritizing skincare is vital for maintaining healthy and radiant skin in Trinidad and Tobago's climate.

Natural Looking Hair Store in Trinidad and Tobago | Shareiss’ Beauty Shop

Joe Sweeney 2022-01-01

Whatever happens in our lives, our hair is the one feature that we are intimately attached to. Shareissbeautyshop, Hair Store in Trinidad and Tobago, offers a well-curated choice of beauty goods that keeps you from feeling overwhelmed while also providing a wide range of skincare products. Our unique hair care products and skincare kits make the perfect gift for beauty lovers. Our haircare products will help you flaunt your beauty. Would you like to see their haircare products?

Retirement Planning: Understanding Pensions and Income Drawdown

Hall Ward 2023-11-07

This gives retirees more flexibility and control over their retirement income, as compared to purchasing an annuity. Understanding how much retirement income is needed is essential for effective retirement planning. One of the key aspects of financial planning for retirement is understanding the projected retirement income and expenses. Setting retirement goals is another essential aspect of retirement planning. In conclusion, understanding pensions and income drawdown is crucial for effective retirement planning.

A Comprehensive Guide to Pension Advice: How Independent Financial Advisers Can Help Secure Your Future

Tudor Franklin 2023-12-12

In this comprehensive guide, we will explore how independent financial advisers can help you secure your future through expert pension advice. One of the primary advantages of seeking pension advice from independent financial advisers is their ability to provide personalized solutions. However, independent financial advisers possess a deep understanding of market trends, investment strategies, and risk management techniques. In conclusion, pension advice from independent financial advisers plays a vital role in securing your financial future. By leveraging their expertise, you can make well-informed decisions about retirement savings, retirement planning, and pension investments.

5 Steps to Follow to Setup your Retirement Planning

Khasnis Prime Wealth 2021-07-09

Well, these days retirement planning is so much more than that.

Today one needs to properly plan out the years of post-retirement else the promise of golden years can fade away quickly.

Consider the amount you intend to spend on your children’s education, their marriage, your travel goals, and so forth while calculating the said corpus.

Even a small amount of money that is being saved matters a lot.

Thanks to the power of compounding, small financial contributions can create an impact in the long run of the retirement plan.

2,16,23,129*Assumed return is only for the illustrative purpose and not to be considered asa guarantee.

Financial Planning for Retirement When Relocating Both Short and Long-Term

John Mark 2023-11-18

Managing State Pension Entitlement During an International MoveBritish expats are entitled to the State Pension regardless of where they live, provided they have made enough National Insurance (NI) contributions during their working lives. The best strategy is to request a State Pension statement to see how gaps in NI contributions have affected your eligibility. For expats living overseas permanently, a pension transfer is often the optimal solution – but that isn’t always the best financial solution. Our advice is always to consult with an experienced financial adviser who will evaluate your circumstances and the pension products you currently hold. Ignoring the issue, or assuming that you do not need to take action because you may return to the UK, could be a bad move.

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