The annual SARS statistics report reveals valuable data. Professor Lester looks at the positive aspects of tax reform, and particularly the better tax deal given to retired taxpayers.
Blog Archives
Managing risk and tax on retirement
Tagged with: post retirement, retirement annuity, retirement planning, Tax
Posted in News, Press Room
Posted in News, Press Room
How To Save More Without Spending Less
When we consciously save for retirement, we tend do so with one objective: to secure our life style in retirement.
How to ensure your retirement income goes the distance
It is only a number of years into retirement that the consequences of decisions made early on begin to show.
Saving for retirement – the options
Become part of the 6% of South Africans who are saving enough so that they can retire.
Sleeping through a revolution
South Africans have slept through a revolution in Reserve Bank strategy, failing to recognise the staggering effect of the decline in real interest rates on their financial planning.
Retirement is changing. Are you ready?
We can expect to see a number of changes in the regulatory environment from March 2015 and beyond. We take a look at what this means for retirement savings.
Tax and investment planning through the lens
Not all investments should be housed in retirement annuities, despite their many tax benefits. In fact, RAs are of no use if you require investment funds before the age of 55. Professor Lester takes a closer look at the issue and offers a strategy of checks and balances.
Retirement fund withdrawals and tax
The 2014 National Budget introduced changes to the retirement tax table. From 1 March 2014, the tax-free amount members and beneficiaries can take as a lump sum pay-out from retirement funds increased from R315 000 to R500 000.
Section 10C of the Income Tax Act
Section 10C of the Income Tax Act, 58 of 1962 (ITA) came into effect on 1 March 2014.
How to plan for a comfortable retirement
Seven factors that will boost your retirement income.
