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SA's No 1 Insurance Blog

Allan Gray | Tax-Free Savings Investments

Are you taking advantage of your tax break?

Here are the advantages of investing in a Tax-Free Savings plan:

  • It’s a simple savings solution.
  • Save up to R33 000 per year without paying tax on the growth of your money.
  • You can start investing from R500 per month. If you don’t want to invest monthly, you can start with a single lump sum of R20 000.
  • You choose how you want to add to your savings: monthly, in lump sums or a combo of both.
  • Choose how long and how often you want to add to your investment. Depending on your savings needs, Allan Gray has a range of investment funds to choose from.
  • Withdraw at any time and pay no costs to withdraw your money.
  • Your investment returns come from the unit trusts you choose. When choosing a unit trust, there is a trade-off between higher potential return on the one hand, and stability and lower risk on the other.
  • An application needs to be completed, but you will be assisted with this

If you’re interested in hearing more about this product leave your details below.

 

Allan Gray Proprietary Limited is an authorised financial services provider.


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