There are continued economic difficulties faced during the COVID-19 pandemic. As such, financial security has become increasingly important, and the time to maximize your savings is now – and you can do it tax-free! The tax-free investment mechanism was introduced some years ago and is a good way for people to save money effectively....
Tag: investments
Tax smart investing in turbulent times
Amid unsure times, being tax smart and investing optimally can go a long way to improving one’s long term financial outlook. In this article, we look at findings and insights derived from an interview with Senior Legal Advisor at Nedgroup Investments, Denver Keswell. Keswell shares useful tips to make the most of tax-saving opportunities...
Different retirement funding vehicles and how they work – A look at the rules for withdrawals, early termination, and transfer
In this article, we explore in more detail, the various types of retirement funds that are available to investors, as well as the rules that are applicable regarding withdrawals, early termination, and transfer. Pension fund Contributions The contributions that an employee makes towards a pension fund are tax deductible up 27.5% of pensionable income,...
The economic volatility surrounding the pandemic | A financial perspective
The COVID-19 pandemic has affected us all in different ways. Of which, our emotional and financial health suffers in such times of volatility. What you need to remember is that during this period, we are surrounded with anxious situations that render us feeling that one situation will result in our entire world. In such...