Looking at the Hong Leong Income Builder plan and benefits, it is easy for one to decide what to use the plan for. Here are some suggestions that may help you in the planning process:
This plan would be very useful for working adults aged anywhere from 20s to 50s. This category of people are highly active wage earners. Most of them have a lot of savings but they do not know how to grow the money.
This Hong Leong saving plan can contribute as a supplementary income, on top of their salary. Instead of having the money in normal savings account not doing anything, they can invest and make the money work for them.
Besides that, the Income Builder plan can also be a stable retirement fund. For those who are filial, such kind of plan can also be purchased as supplementary income for aging parents.
Married couples may find these type of plans extremely useful too. In addition to the above-mentioned retirement fund and extra income for aging parents, Hong Leong Income Builder plan is good as children education fund too.
You can start saving when your children is young. By the time, they need a lot of money for education, you have the money prepared. Also, such saving plan can work as a supplementary income for non-working spouse.
Lastly, a Hong Leong saving plan can be a gift from grandparents to their grandchildren or children. What better gift to give your descendants than a gift of financial security?
Hong Leong Income Builder is Tax Deductible
Another great benefit of Hong Leong Income Builder is that it is tax deductible in the life insurance category. Needless to say, this is an advantage for wage earners like us.
With so many ways to make use of the saving plan, it is no wonder why Hong Leong Income Builder is the best saving plan in town!
No comments:
Post a Comment