Withdrawing from Retirement Funds Upon Emigration – Everything’s About to Change from March 2021
Have you heard the latest news regarding the Draft Taxation Laws Amendment Bill that will change the way SA expats access their retirement annuity funds when emigrating from the country? Let’s talk about financial emigration and what happens to the money in your South...
Hot Question: Can You Transfer From a Retirement Annuity to a Preservation Fund?
If you’re wondering whether it’s possible for you to transfer funds from a retirement annuity (RA) to a preservation fund, you’ll be pleased to know that we’ve got the answers you’re looking for right here. Let’s take a look at what these retirement savings vehicles...
Retirement annuity payout options South Africa: What’s the maximum?
Retirement annuities are fantastic long-term, tax-efficient savings vehicles designed to set you up for your golden years – but what happens if you no longer plan to retire in South Africa? What should you do if you’re living abroad with no intention of going...
Can I cash in my Retirement Annuity in South Africa when I want to? Here’s what you should know
South Africans all over the world are feeling the financial pressure caused by the COVID-19 pandemic. Most people have had their hours reduced, their pay cut and many are facing retrenchment. If ever there was a “desperate times call for desperate measures”, we are in...