Conventional wisdom would have you believe that retirement annuities (RAs) and contributions to pension and provident funds are the most prudent and “best” investments you
It often comes as a surprise to pensioners that they are still liable for tax. The bottom line is, if you receive an income above
Maximising your contributions or making a lump sum payment towards your pension, provident or retirement annuity is the most efficient way to minimise the impact
Many taxpayers assume that withdrawals from retirement accounts to pay for medical expenses qualify automatically as hardship exemptions from any additional 10% tax for early
