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Many South Africans may be wondering how to make the most of their retirement annuity, especially as the end of the tax year approaches.
South African residents and ex-pats have until the 28th of February to take advantage of a government incentive aimed to encourage them to save for their retirement using a retirement annuity (RA).
We cannot stress enough the importance of having a retirement annuity or another form of savings or investment to finance your years of retirement.
As South Africans, we are faced with a plethora of challenges which make providing for our retirement relatively tricky.
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