Written or reviewed by Isabelle Coetzee
What you need to know about emigrating with your retirement annuity
So, you’ve decided to move abroad. You’ve secured yourself a new job, arranged accommodation for yourself and your family, and you’re slowly moving your assets to your new home. But what will happen to your retirement annuity?
Are you indebted to SARS? Do this to avoid penalties
Whether you’re an employee or a contractor, it’s easy to fall behind on your taxes. With all the paperwork and distant deadlines, tax season may be over before you’ve even realised it arrived. Luckily, there are ways to...
COVID: Will life cover pay out if you die from Covid-19?
With the global pandemic continuing to raise havoc and the rising infection rate in South Africa, you may have wondered what this could mean for your insurance products, such as your life cover. Will your insurer pay out if you pass away from co...
Why you should consider gap cover
Your medical aid should protect you from incurring large medical bills when you’re sick. But what if your plan doesn’t cover the full cost of your medical expenses? We got in touch with insurance experts to find out whether gap cov...
COVID: Retrenched and freelancing? Set up your home office like this
With the Covid-19 pandemic forcing the majority of South Africans to be in lockdown, many have now turned to working from home. So, how can you ensure you maintain your productivity in your new work environment? We found out.
How does debt relief work?
Taking care of your monthly debt payments can cripple your financial power and, during tough economic times, make you struggle to make ends meet. If you find yourself in this position, how can you lift this burden?
COVID: Which businesses have thrived under lockdown?
The national lockdown, which came into effect in March, has had a dramatic impact on local businesses. In this part of our Covid-19 series, we find out which businesses have managed to excel – in spite of the economic shut down – a...
COVID: Should you move your money abroad?
With an ongoing recession and a global pandemic that’s forced the South African economy to a standstill, you may be concerned about your local investments. We got in touch with investment specialists to find out whether this is the right ...
What are the tax implications of withdrawing RA early?
After saving towards your retirement for a couple months, you may feel an itch to withdraw the funds to cover some unexpected expenses. However, what are the consequences of doing this?
Can’t pay rent? This is what you should do
We all face challenging circumstances. For some of us, this may mean we’re unable to afford the basket of goods we usually purchase each month, and for others it may be as drastic as being unable to pay rent
Medical aid plans and health insurance - what’s the real difference?
It’s difficult to choose between a medical aid plan and a hospital plan because both offer medical cover and the differences can sometimes be hard to identify. What’s even more complex is how each is structured and the impact this ...
Will your retirement annuity pay out if you’re terminally ill?
Being diagnosed with a terminal illness, such as cancer, is distressing. Not to mention the financial implications of caring for yourself during this trying time. But what does this mean for your retirement annuity (RA)?