MOMENTUM TAX FREE SAVINGS OPTION
A TAX FREE SAVINGS ACCOUNT OFFERS INDIVIDUALS TAX SAVINGS BENEFITS!
MOMENTUM WEALTH FLEXIBLE TAX FREE OPTION IS ONE SUCH PRODUCT
- HOW DOES A TAX FREE SAVINGS ACCOUNT WORK?
Your contributions are limited to:
♦ R30 000 every year; and
♦ R500 000 in total over your lifetime
- HOW WILL I BENEFIT?
All the returns and proceeds from tax-free savings products are completely tax-free, you will not pay any capital gains tax(CGT) or tax on interest and dividends earned
- CAN I WITHDRAW FROM MY TAX FREE SAVINGS ACCOUNT?
You have the flexibility to withdraw from a tax-free savings account at any time
- WHAT SHOULD I DO?
Start to contribute as early as possible!