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  • “Parents can also open TFSAs for their children – a family of four can effectively save up to R120 000 a year in TFSAs. This makes TFSAs an ideal savings vehicle for education – especially for individuals with tax rates below 30% as TFSAs are a better option than endowment funds which are taxed within the fund.”

    //mayaonmoney.co.za/2015/03/tax-free-savings-options/

    Be careful as people may take advice from these pages which may be contradictory a few months later as with this post.

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