New SARS approvals on purchasing an annuity at retirement
Binding General Ruling (BGR) 58 (issued under section 89 of the Tax Administration Act 28) is now final. It follows the withdrawal of GN 18 [.....]
27
11, 2021
16
11, 2021
Key decisions to be made at retirement
The stress that inevitably comes with formal retirement is often exacerbated by the sheer number and complexity of critical decisions that need to be [.....]
26
10, 2021
Preservation Funds: Pre-Retirement Investment Vehicles
Preservation funds are specifically designed to preserve accumulated capital which is intended for retirement and make an attractive option for those leaving employment through [.....]
6
08, 2021
Preservation funds: Your questions answered
What is a preservation fund? A preservation fund is a retirement fund and, as such, falls within the auspices of the Pension Funds Act and [.....]
6
07, 2021
Choosing the most appropriate savings vehicle
With it being National Savings Months, this article takes a closer look at seven vehicles which can be used to house your savings, how [.....]
5
07, 2021
Important things to know about endowments
Endowments offer tax benefits to investors with a marginal tax rate of more than 30%, as it will reduce the tax payable on your [.....]
5
07, 2021
Living annuity vs life annuity
If you have now reached retirement, which is from age 55, it’s time to start drawing an income from your retirement savings. Retirees will now [.....]
12
01, 2021
Deceased Estate: Cash shortfalls to avoid
Cash shortfalls in deceased estates Cash shortfalls are to blame for most of the delays in the administration of deceased estates. Understanding how cash shortfalls [.....]
