Retirement annuities are a popular retirement planning option in South Africa. According to the South African Reserve Bank, assets in retirement annuities totaled R2.9 trillion at the end of June…
Read More
As the retirement annuity encashment specialists of choice for South African expats, we get asked a lot of questions about retirement funds and emigration. To make it easier for South…
55 is the legislative age at which retirement from your retirement investments becomes an option. Yes, it is all there in the name and you probably already know this. However,…
Retirement annuities (RAs) are tax-efficient investments that allow South Africans to save for their golden years – contributions are tax-deductible if the income is earned in South Africa. Essentially a…
It’s a question that’s top of mind for most South Africans who have relocated abroad permanently: Once I’ve ceased tax residency in SA, how long before I can cash in my retirement…
Since formal emigration has been phased out, the question we hear most often from people is: what happens to my South African retirement annuity when I emigrate? For those South Africans who…
The South African Reserve Bank recently confirmed that they are investigating the possibility of launching a “digital rand” and that this research should be complete sometime next year. A rising…
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…
The rules are changing. In 2021 the formal process of financial emigration through the South African Reserve Bank will be phased out. What does this mean? It means that 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…