There are numerous benefits to contributing to a retirement annuity, which include but are not limited to the below:
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.
You do not have to pay any taxes on the interest, dividends and capital gains earned on your investments while your money is invested.
You can deposit whenever you likes and can choose how you want to invest – with lump sums, regular investments, or a combination of these two. You can also transfer your retirement annuity you may have with another provider to EasyEquities.
When you make use of your EasyEquities RA you have the the choice of investing in a selection of different bundles or unit trusts, in any combination, to suit your risk profile.
Any profits, interest or dividends generated from the investments in your RA are automatically reinvested on your behalf to ensure that you continue to benefit from the potential growth.