What is an RA and how does it work? A retirement annuity is a tax-effective retirement investment, which is designed for individuals who want to save towards their retirement. This may be in addition to your existing pension or provident funds that you already participate in through your employer. The benefits of having an RAContinue reading “RETIREMENT ANNUITIES EXPLAINED”
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TFSA – THE BEST WAY TO START BUILDING YOUR PORTFOLIO
THE BEST OPTION FOR LONG TERM SAVINGS: As a result of our low savings rate, the government introduced a tax-free savings program in 2015. It aims to encourage South Africans to save by providing an incentive for them to do so, which is that all proceeds earned, including interest income, capital gains, and dividends –Continue reading “TFSA – THE BEST WAY TO START BUILDING YOUR PORTFOLIO”