SPONSORED | StandardBankZA's PureSave account is a great way to get started on your savings journey, and you can earn interest while using the account for daily transactions.
Standard Bank's Thopi Mhloli says you can put money away hassle-free with their PureSave, MarketLink, group and tax free savings accounts to help you reach your goalsImage:In 2019, the National Treasury released an alarming report which said that only 6% of South Africans will be able to maintain their current living standards, even after retirement.
With these alarming figures, it has never been more important to consider the various savings options available. Thopi Mhloli, solution owner for savings and investments at Standard Bank, outlines some great options to help you get started on your savings journey. Standard Bank’s PureSave savings account is a great way to get started as this offering has plenty of benefits attached to it. No debit orders may go through this account. 2.
This type of savings account allows you to put money away without having to worry about the taxman. Individuals are only permitted to have one tax free savings account in their lifetime with a limit of R500,000. This account also carries an annual limit of R36,000. Standard Bank has a tax-free savings offering that will give your savings portfolio a great boost. It has the following features and benefits: Individuals have access to the funds in their accounts at any given time.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MATHATHA TSEDU | Jessie had a sharp tongue, but for her communication was kingDuarte’s legacy is a catalogue of selfless commitment to freedom at all costs
Read more »
MATHATHA TSEDU | Jessie had a sharp tongue, but for her communication was kingDuarte’s legacy is a catalogue of selfless commitment to freedom at all costs
Read more »
MATHATHA TSEDU | Jessie had a sharp tongue, but for her communication was kingDuarte’s legacy is a catalogue of selfless commitment to freedom at all costs
Read more »
DA irate about Eskom’s bid for huge tariff hike as load-shedding is still a problemEskom says it needs ‘reasonable tariff increases’ to address financial sustainability and liquidity problems
Read more »
Covid led SA to manage its money better. It also saw us become hustlers and led us to take a gamble | BusinessinsiderOld Mutual Savings and Investment Monitor (OMSIM) research has shown that South Africans have learned from some of the harsh lessons of the Covid-19 period.
Read more »
PODCAST | 75% of black South Africans do not have willsMudiwa Gavaza speaks to advocate Sankie Morata, a certified financial planner and CEO of Sanlam Trust
Read more »