There are numerous benefits of the Easy RA, which include but are not limited to the following:
1. Saving for retirement
You can save for your retirement and deduct contributions from your tax bill at the year-end in terms of the current legislation.
2. Tax free
You do not have to pay any taxes on the interest, dividends and capital gains earned on your investments in the Easy RA while your money is invested in the Fund.
The investor can deposit (within limit) whenever he/she likes and can choose how they want to invest – with lump sums, regular investments or a combination of these 2, and you can transfer your retirement annuity you may have with another provider.
The Easy RA allows investors the choice of investing in 4 different Bundles, in any combination, to suit your risk profile.
5. Growth Potential
Any profits, interest, dividends made on the investments are automatically reinvested on your behalf to ensure that you continue to benefit from the potential growth.