Online Classifieds Directories Ecards Homeloans Lastminute. Com Mobile Magic Myiafrica. It is not a pleasant task dealing with the possibility that your parents may become unable to take care of themselves one day. However, avoiding the subject could cause even more discomfort and heartache down the road. It is vital to find out how your parents feel about the subject so that you can help them carry out their wishes.
Confusion sometimes arises on the taxation of annuities.
This is because when pension fund members retire, they have to take a portion of their fund proceeds in the form of an annuity - a regular income. Or they wrongly assume their pension funds will look after them. Here, we examine three entirely different case studies. The young, single executive who seems to have money and time to burn. The family man with few assets and more limited opportunities to gather them.