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What is a Tax Free Savings Account

2016-04-14Jade Gouws

South Africans can now invest in tax free savings accounts (TFSA). These simple and easy-to-understand products were introduced last year. They offer full disclosure on fees and have no penalties on cash-out. These are great for all of us and will hopefully create a culture of savings and attract first-time investors.

The TFSA can house different investment types, from guaranteed and secure bank deposits to unit trust and exchange traded funds holding equities.

About Us

TRIARC is an authorised financial services provider FSP45009. TRIARC insurance products underwritten by Guardrisk Life FSP76. Council of Medical Scheme
Number ORG 4040.

About us

TRIARC is an authorised financial services provider FSP45009. Council of Medical Scheme Number ORG 4040.

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087 231 0222
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