While saving means putting away cash for future use, investment involves purchasing assets which will yield good returns in the future.
When selecting an RA you must know the type of annuity you are investing in. Retirement annuities are divided into two categories: traditional and new generation annuities.
In January this year, various amendments to the Taxation Laws Amendment Bill and the Tax Administration Act were announced. While some changes will benefit you, others could be to your disadvantage. Justmoney looks at how some of the recent changes will impact you.
A claim against the Road Accident Fund (RAF) can take up to five years before settlement. In trying to secure payment faster, should you appoint a lawyer rather than approaching the RAF directly?
Calculators
Have you ever wondered how much money you will need for your retirement? Or how much you will pay in taxes on your new salary? click on any of our free calculators below to work out exact numbers within minutes - it's as simple as a regular calculator.
Elize Botha, managing director of Old Mutual Unit Trusts, explains what credit downgrades are. This, in light of Moody's affirmation of South Africa's credit rating. Find out more here: https://bit.ly/2JzTtIk
Every year in February, after the State of the Nation Address, the finance minister presents the budget speech. Steven Nathan, CEO of 10X Investments, explains why the budget speech is important to all South Africans.
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