The end of February marks the end of the tax year and is also the cut-off date for Retirement Annuity (RA) tax deductions. That is why now is the perfect time to review your retirement efforts for the past year and catch up if need be. You can top up your savings and make any additional lump sum contributions before 28 February 2018.There are many advantages to investing through an RA, summarised in the attached article. If you would like to review your retirement plan to see if you are still on track, make an additional contribution to your existing RA or discuss retirement annuities as an investment vehicle, please call me or send me an email to discuss your options.
News supplied by JANINE PLAYER CFP® Financial Planner and Employee Benefits Consultant.