Take Control of Your Retirement Income: EasyEquities Living Annuity

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Did You Know?

The average South African will need at least 70% of their pre-retirement income to maintain their standard of living post-retirement.

Don't be part of the statistic. Planning for retirement is crucial, and a Living Annuity from EasyEquities can be the key to a secure and fulfilling future.
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What is a Living Annuity?

A Living Annuity is an investment product purchased with retirement capital that allows you to draw a regular, variable income stream during retirement. Think of it as a pension pot you control. You choose how much income you want to receive each year (subject to regulations) and have the flexibility to invest your funds in a wide range of options ranging from managed products to single JSE-listed stocks and ETFs on the EasyEquities platform.

A Living Annuity gives you flexibility in how much income you withdraw, how often you receive it, and how you invest, helping ensure your retirement plan fits your lifestyle and financial needs.

Available from 55

You must be at least 55 years old to purchase and start drawing an income from your Living Annuity.

Why Choose The EasyEquities Living Annuity?

Flexibility

You control your investments and income. Choose how much income you withdraw each year (between 2.5% and 17.5%) and how often you receive it - monthly, quarterly, semi-annually, or annually.

Choice

Invest in a variety of local options including shares, ETFs, bundles and South African government bonds.

Low Fees

EasyEquities offers competitive fees to maximise your returns.

Easy to Manage

Manage your Living Annuity alongside your other investments on the EasyEquities platform.

Flexible Investment Options

Shares

Invest directly in local companies for long-term growth.

ETFs 
(Exchange Traded Funds): 

Gain diversified exposure to a basket of assets with a single purchase.

SA Government Bonds

Government bonds are considered low risk investments that offer investors a predictable income stream. 

Bundles

Access pre-built portfolios by professional asset managers for a hassle-free investment experience

How to Activate Your EasyEquities Living Annuity

Register

Register for an EasyEquities account.
Sign up for free in minutes.

Transfer

Activate your Living Annuity & Transfer your funds:  
  • Contact us here to kick-off the process
  • Choose how much income you withdraw each year (between 2.5% and 17.5%) and how often you receive it -monthly, quarterly, semi-annually, or annually.
  • Transfer your retirement savings from your existing pension, provident, or retirement annuity or make a lump-sum payment.
  • Nominate beneficiaries for the account.

Choose

Choose your investments: Build your ideal portfolio from a wide range of ETFs, stocks, and other investment options.

Receive

Enjoy regular income based on your preferences: monthly, quarterly, biannual or annual payments.

Monitor

Monitor and adjust: Use our platform to monitor performance and make adjustments as needed.

Benefits of a Living Annuity

Regular Income Stream

Supplement your pension or bridge the gap between retirement and accessing your state pension.

Investment Choice

Retirees can choose how their annuity is invested, from a wide range of asset classes including equities, ETFs, bonds, unit trusts and managed bundles.

Legacy Planning

Any remaining balance in your living annuity is excluded from your estate and is not subject to estate duty.

Tax Advantages

All investment returns and income earned within your RA are completely tax-free while you are invested in your LA. Withdrawals are taxed at your marginal tax rate.

Frequently Asked Questions

What are the minimum and maximum withdrawal limits?

The current limits are a minimum of 2.5% and a maximum of 17.5% of the policy benefit per year.

Can I increase my income withdrawal later?

Yes, you can adjust your income withdrawal amount annually, subject to regulatory limits.

Are there any fees associated with a Living Annuity?

EasyEquities offers competitive fees available under our cost profile. View cost profile here.