The Retirement Annuity is an investment providing for retirement
Invest at any time but no withdrawals before the age of 55. After 55, up to 1/3rd can be taken in cash. The rest must purchase income annuity.
Tax-free while invested. Contributions are tax deductible (up to a limit) i.e. it reduces your tax payable. Tax is applicable upon retirement.
No estate duty or executor's fees will apply. The Fund Trustees will distribute any remaining investment to your dependants.
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Proof of identification
Your banking details
Your tax details
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