Save for retirement in a tax-efficient way. Our Retirement Annuity grows your retirement capital giving you a more predictable outcome so that you can draw a reliable monthly income when you retire. Read our advertorial on how Marriott creates certainty in retirement planning, even in volatile markets.
Contributions are tax deductible up to 27.5% of your taxable income (max. R350,000).
No income tax, no DWT, no PAYE on your investment returns.
Access to savings from age 55 (except due to emigration, ill-health or disability).
Long-term investment returns combined with the benefit of compounding.
RAs can't be attached by creditors and are free from estate duty and executor fees.
Transfer into an annuity and only pay tax on the income you draw.
Choose between the Marriott Balanced Fund as the default managed portfolio (Reg 28), or a select range of Marriott Unit Trusts (use our online tool to create your own Reg 28 portfolio).
Automatically reinvested to accumulate capital.
Capital is accumulated through the tax-free reinvestment of income, and from growth in this income.
Pre-Retirement:
At Retirement:
You may nominate dependants and beneficiaries. Beneficiaries can elect to receive a lump sum (subject to tax legislation) or to transfer the investment to an annuity.
Fees | Technical Information |
Marriott Initial Fee |
0% | |||||
Advisor Initial Fee |
Max 3% | |||||
Marriott Annual Management Fee |
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Advisor Annual Fee |
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Intermediary Admin Fee |
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Please note that fees are quoted excluding VAT.
Minimums | |
Lump Sum |
R10 000 |
Additional Investment |
R1 000 |
Debit Order |
R300 |
Income Details | |
Distribution |
All distributions earned are reinvested |
Client Statements | |
Quarterly Statements |
Dated as at the end of Feb, May, Aug, Nov |
Annual Reporting |
Contribution Certificate (for tax perposes) |