CLA Personal Pension Plan™

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Receiving immediate income means converting a lump sum of money into a guaranteed stream of income that begins now—usually within 12 months. This strategy is ideal for retirees or anyone needing dependable cash flow without delay. It’s a way to turn savings into predictable, sustainable income for living expenses, healthcare, or peace of mind. 

Deferring income means setting aside money today to receive payments at a future date—typically during retirement. While your money remains untouched, it can grow on a tax-deferred basis, allowing you to build a larger income stream over time. This approach is ideal for those still in their working years who want to secure predictable income later in life, while potentially reducing current tax exposure.