Take Control of Your Retirement Income: EasyEquities Living Annuity
Did You Know?
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.
What is a Living Annuity?
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
Sign up for free in minutes.
Transfer
- 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
Receive
Monitor
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.