News

Archive: 26/04/2022

International Pension Plans: A flexible alternative for South African residents


By Mark Doyle, Director. While South African residents have a choice of domestic retirement savings vehicles, including pension funds, provident funds and retirement annuity funds, these are subject to a maximum annual tax-deductible contribution limit across all such arrangements of 27.5 per cent of qualifying earnings or 350,000 ZAR (whichever is the lower). This annual contribution limit can make it challenging...