You have until the end of the month to top up your retirement annuity for the maximum tax benefit. Schalk Louw explains why this is a good idea.
February always brings a sense of urgency to investors who want to ramp up contributions to their retirement annuities before the fiscal curtain – the end of the tax year – falls. And with good reason. Beyond the clear tax advantages synonymous with retirement annuities (RAs), this investment avenue offers a treasure trove of additional benefits awaiting savvy investors.
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