Go Digit Annuity Plan: Is Your Retirement ₹ Sorted?

Go Digit has launched an annuity plan that lets you choose between starting pension payments immediately or deferring them for up to 15 years. This gives retirees flexibility to grow their corpus before drawing income.

Here's what happened: Go Digit Insurance launched a split annuity plan offering both immediate and deferred payout options under one product.. Customers can defer annuity payouts for up to 15 years, allowing their corpus to compound before pension income begins.. The plan targets middle-class Indians who retire early or want to bridge the gap between retirement and pension age..

What you should do: Compare annuity rates from at least 3 insurers — LIC, HDFC Life, and Go Digit — before locking in your corpus.. Calculate your monthly income need post-retirement using a free annuity calculator to decide immediate vs. deferred payout.. Check whether your existing NPS or EPF corpus can be partially invested in an annuity plan to secure guaranteed income..

Deferred annuities work best if you retire before 60 — defer payouts until 60 or 65 when expenses peak, letting your corpus grow tax-free in the interim.

For readers weighing their credit and loan options, our personal loan guide and CIBIL score resources put this update in context.