It’s been a difficult year, with COVID-19 unsettling markets, putting strain on households and causing much uncertainty. For many, it has driven home the importance of creating long-term financial security. With the end of the tax year approaching, if you have additional savings, now is a good time to take advantage of the annual tax incentives offered by the South African Revenue Service to encourage you to save for your retirement and other long-term financial goals.
With enough time, every rand you invest makes a difference
The longer you leave your money invested, the more time it has to benefit from the power of compounding – interest on interest.
The benefits of investing in a retirement annuity or tax-free investment:
For more information or to contribute to your investment, please contact us.