{"product_id":"retirement-planning-pension-funds-provident-funds","title":"Retirement Planning, Pension Funds \u0026 Provident Funds","description":"\u003cp\u003e\u003cspan\u003eTax Benefits of Retirement Funds\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eContributions are tax-deductible up to 27.5% of your taxable income (max R350,000 per year).\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003eEmployer contributions are tax-deductible for the employer.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003eLump sums at retirement are taxed on a sliding scale – first R500,000 is tax-free.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eTrustees decide who gets the benefit, considering dependents and nominated beneficiaries.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003eComplete a beneficiary form regularly to guide trustees.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eWhole of Life Post-Retirement –\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003ePost-retirement impairment claims also increase by CPI (capped at 10.5%).\u003c\/span\u003e\u003c\/p\u003e","brand":"LegacySure","offers":[{"title":"Default Title","offer_id":48562400723187,"sku":null,"price":0.0,"currency_code":"ZAR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0815\/0253\/5923\/files\/Gvfx1eHWEAAF9W.jpg?v=1771817199","url":"https:\/\/legacysure.co.za\/products\/retirement-planning-pension-funds-provident-funds","provider":"LegacySure","version":"1.0","type":"link"}