And I really mean it, well done. Well done for 2 reasons: Firstly, it means that you actually established goals to begin with.  You took some time out to think about the future, to plan where you want to be and to work towards certain target.   Secondly, it means that you not only had

Retirement Annuity Season

Thursday, 16 January 2020 by

  As the financial year end of February is approaching, it is time to look at our current financial situation and optimize the tax breaks granted to us. One of the most effective tools in tax planning is Retirement Annuities (RA’s). You can benefit from tax concessions by becoming a member of a retirement annuity

Persoonlike Welvaartswenke: 2020

Wednesday, 15 January 2020 by

Die onverwagte beurtkrag het ons letterlik in donker gehul – is dit wat ons hierdie jaar vir ons persoonlike finansies kan verwag? ‘n Vriend het die volgende grap vertel toe hy hoor hoe sy bure hul huishoudelike kragopwekkers aanskakel a.g.v. beurtkrag. Aangesien hy nie ‘n kragopwekker by sy huis het nie het hy sy grassnyer

Understanding Tax-free Savings Accounts

Monday, 13 January 2020 by

Contributions to a tax-free savings account are made from post-tax income and gives you the liquidity of a flexible investment. You can withdraw from your investment at any time. Withdrawing funds, however, may prevent you from reaching your savings goals and will decrease your tax-free savings lifetime limit. The total annual contribution in a tax

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