November 2018 - Ultima Financial Planners

What to consider and what to look out for at Resignation ?

November 26, 2018

1. Preservation of retirement savings A tax-free transfer from the Pension Fund to a Preservation Fund. You choose the underlying fund in which units will be purchased and you can change the fund in future. You are allowed one withdrawal,…

What to consider and what to look out for at retirement ?

November 26, 2018

Hendri de Klerk

Income from annuities will be taxable. SARS allows for a maximum lump sum of one third (1/3) of your retirement savings value ate retirement. The first R 500 000 is tax free, therefore tax is applied according to SARS retirement…

The sandwich generation

November 2, 2018

Eugene Antak

Financial Planning, multi-generational households, sandwich generation

What is it? The term nuclear families refer to two generations living under one roof, while the term sandwich generation refer to persons who are caring (emotionally, physically and / or financially) for their ageing parents as well as their…

Month: November 2018

What to consider and what to look out for at Resignation ?

What to consider and what to look out for at retirement ?

The sandwich generation