wealth
tfsa
Your guide to
TAX-FREE
savings accounts Tax-free savings accounts (or TFSAs) were introduced by National Treasury in 2015. Are you making the most of their benefits? By DOMINIQUE BOWEN
MAKE THE MOST OF TFSAS Speak to a Sanlam financial planner to ensure you’re harnessing the power of TFSAs, today. Make an appointment by visiting sanlamreality.co.za/contact-an-adviser. T&Cs apply.
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SPRING 2021 SANLAMREALITY.CO.ZA
SAVINGS WITH UNIQUE TAX BENEFITS TFSAs are ideal for saving on tax while growing your wealth for long-term goals. “They were designed to incentivise South Africans to increase their non-retirement savings, and to ensure that they have savings that will protect them in tough economic conditions,” says Abigail Kitshoff, business development manager at Glacier by Sanlam. While the same product rules apply across all TFSAs, there are differences in the underlying provider costs and underlying investment options.
