At retirement, you’ll be faced with one of the most important decisions of your life, and it’s likely that you’ll have to have to choose between a living annuity and…
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The Taxation Laws Amendment Act 23 of 2020 (TLAA 2020) was passed into our law books on 20 January 2021. In doing so, changes were introduced that effectively reset the…
If you have been doing some research into how emigration impacts on retirement annuities in South Africa, you will probably have stumbled across the fact that most South Africans end…
If you’re a South African expat living abroad with retirement funds back home, pay close attention. Changes that were made to tax laws last year effectively seek to prevent South…
South Africans currently living abroad have until 28 February 2021 to use formal emigration as an immediate means by which to access their retirement annuities early. Thereafter expats will have…
What is a living annuity? What is a life annuity? Is there a difference between the two, and when would you need to purchase and use these annuities? Life and…
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?…
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…
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…
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…