Liberty's new financial product, called “Stash”, is an innovative way to get tech-savvy people to start saving into a tax-free savings account.
Tag - TFSA
While a TFSA does offer huge benefits, as with any other investment vehicle, it is designed for a specific purpose and should not be viewed as a one-size-fits-all solution.
Research finds that many people still do not fully understand how the tax-free savings account works or what it is meant for.
Where's the best place to put extra money for retirement if you already have a company pension fund?
Investing offshore is not about the rand or pessimism; it’s about sound financial planning.
A reader wants to know the best place to invest his tax-free savings allowance.
It's important to understand how your investment will be taxed in order to make the correct investment decision.
If you were to invest R10 000 today instead of spending it on your child's 21st birthday party, it could be worth R360 000 by the time she turns 50.
Using your child’s tax-free savings account is not necessarily the best vehicle for their education fund. Since the launch of the tax-free savings accounts (TFSAs) there have been suggestions that this would be an ideal way to save for your child’s education. But is this necessarily the best advice? Let’s suppose for example that you open a TFSA...
According to the National Development Plan (NDP), the South African economy needs to grow by 5.4% or more to create enough jobs to redress inequality and resolve the country’s stubbornly high unemployment rate. In order to reach and sustain this target, South Africa needs to find investment that amounts to at least 25% of GDP...