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Options beneficiaries have at death on retirement products


Options beneficiaries have at death on retirement products
 
By Sonia du Plessis  
When looking at retirement products, one needs to differentiate between “pre-retirement” and “post retirement” products, as their treatment and options are different in the event of the owner’s death. It is also important to know what taxes are involved when money gets transferred to the beneficiary.
“Pre-Retirement”
Sonia du Plessis
RA’s, Provident, Pension and preservation funds. The value of the investment is excluded from the estate of the deceased.
On death prior to retirement the fund will be paid to the nominated beneficiaries (subject to Section 37C of the Pensions Fund Act) or to your estate. This is vitally important in that under S37C, the Trustees of the fund have the right (and obligation) to determine who the dependants of the deceased are and allocate the investment to the dependants. The trustees have up to 12 months to make this determin ....

South Africa , Pensions Fund , Pensions Fund Act , Pension Funds , Living Annuity , Life Annuity , Linked Living Annuity , Retirement Tax Tables , Brenthurst Wealth , Pension Funds , Retirement Products , Usiness News , South Africa , ஓய்வூதியங்கள் நிதி , ஓய்வூதியங்கள் நிதி நாடகம் , ஓய்வூதியம் நிதி , வாழும் வருடாந்திரம் , வாழ்க்கை வருடாந்திரம் ,

Planning for your retirement is just that: creating the plan


Planning for your retirement is just that: creating the plan
By Leslie Greyling
These scenarios below are likely familiar to many.
It is too late to start saving for retirement, so there is no point in starting to save at all.
You changed jobs and cashed in your retirement investment.
The array of investment vehicles is too overwhelming, and you do not know where to start.
Leslie Greyling
For many South Africans, the information overload around retirement is overwhelming. In reality, it is a simple equation: what you will be
spending in your retirement dictates what the total amount is that you will need to save towards. ....

South Africa , South Africans , Leslie Greyling , Living Annuity , Life Annuity , Life Annuity Rates , Single Life Annuity , Joint Life Annuity , Brenthurst Wealth , Retirement Plan , Business News , வாழும் வருடாந்திரம் , வாழ்க்கை வருடாந்திரம் , வாழ்க்கை வருடாந்திரம் ரேட்ஸ் , ஒற்றை வாழ்க்கை வருடாந்திரம் , கூட்டு வாழ்க்கை வருடாந்திரம் , ஓய்வு திட்டம் , வணிக செய்தி ,

Infosys unit acquires New Business and Underwriting platform from STEP Solutions


Infosys McCamish Systems, a US-based subsidiary of Infosys BPM, the Business Process Management arm of Infosys announced the strategic purchase of a state-of-the-art New Business and Underwriting platform from STEP
Solutions Group LLC to ease the complexity of all types of insurance products such as Life, Annuity, and
Health, for individuals and groups across North America.
STEP Solutions Group LLC is an affiliate of the Dillon Kane Group LLC based in Chicago, Illinois, with a
successful track record in building leading-edge technology solutions in Insurance Underwriting and New
Business. The powerful rule-driven New Business and Automated Underwriting platform from STEP will ....

United States , Infosys Mccamish , Information Bureau , Dillon Kane Group , Solutions Group , Infosys Mccamish Systems , Business Process Management , New Business , Insurance Underwriting , Automated Underwriting , North American , Medical Information Bureau , Motor Vehicle Report , Capital Market , Service Companies , Infosys Bpm , Life Annuity , Infosys Consulting , Credit Agencies , Business Solutions , Technology Solutions , Vpas Policy Administration , ஒன்றுபட்டது மாநிலங்களில் , இண்பொசயிச் ம்க்காமீஷ , தகவல் பணியகம் , டில்லன் கேன் குழு ,

Purchase annuities in a staggered manner to get a better rate of return


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NOTE :
This product is a monthly auto renewal product.
Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
To cancel, communicate from your registered email id and send the mail with the request to [email protected]. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon. ....

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