Contributions are tax-deductible up to 27.5% of your taxable income (max R350,000 per year). Employer contributions are tax-deductible for the employer. Lump sums at retirement are taxed on a sliding scale – first R500,000 is tax-free.
Trustees decide who gets the benefit, considering dependents and nominated beneficiaries. Complete a beneficiary form regularly to guide trustees.
Whole of Life Post-Retirement – Post-retirement impairment claims also increase by CPI (capped at 10.5%).
Contact Us for More Information: Have questions or need guidance? Reach out to LegacySure today—we’re here to help you choose the right solution for you and your family.📞 Phone: 060 706 8781📧 Email:mareketlem@herefordgroup.co.za
