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page.keywordsRetirement Annuity Option
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Retirement Annuity Option

What will it be like not to have the certainty of a salary every month? And how much will you need every month to be financially prepared to maintain your standard of living once you stop earning a salary? Retirement and being financially independent is something to look forward to and you want to have enough one day, and not look your children or siblings in the eye to make ends meet.

Ensuring you have enough money for retirement is part of your journey to success. We know ‘enough’ is unique for everyone – whether you plan to relax on the stoep, travel, start a new venture or have time with your grandchildren.

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Minimum investment

A lump sum of R50 000.
A regular debit order of R1 000 per month.



Tax-free growth potential.
Deduct the money you invest from tax.
Potential estate duty benefits.

Investment period

Investment period

Any date from age 55, or if the law allows you access earlier.

How can the Retirement Annuity Option help you?

A retirement annuity helps you grow your savings money for retirement so that you can draw a regular income once you retire. It can supplement your employer’s retirement fund or be your main retirement savings method.

It is a long-term product that helps you invest in a flexible, structured, and tax-efficient way. The earlier you start saving and investing, the better.

Is it for you?

You want to enjoy tax-free growth potential and deduct the money you invest from tax
You don’t need access to the money before age 55

When is it not for you?

Retirement annuity rules don’t suit your investment goal.
You want to have a more aggressive investment strategy.

Frequently asked

Who can invest?

South African citizens or persons with a valid South African work permit.

Which investment solutions can I choose?

  • Our flagship range of local and offshore unit trusts.

  • Other investment solutions managed by Equilibrium, Momentum Outcome-based Solutions, Momentum Asset Management and Momentum Securities.

  • Unit trusts and investment solutions from other investment managers.

Your financial adviser will help you choose the most suitable investment solutions.

Can I invest more?

Yes, limits apply to the amount you can deduct from tax.

Can I make changes?

Yes, you can choose other investment solutions if your needs change. You can also change your beneficiaries.

Can I withdraw money?

Only in special circumstances, for example should you emigrate or become disabled.

Can I cancel my investment?

Yes, subject to certain rules set out in the terms. You could get back less than what you have invested.

Need financial advice?

A financial adviser can help you with financial and investment planning on your journey to success.

Contact us

Local investing: Momentum Wealth

Office hours are Monday to Friday from 08:00 to 17:00.

Offshore investing: Momentum Wealth International

Office hours are Monday to Friday from 08:00 to 16:00 (Central Africa Time). Unavailable on weekends.

Unit trusts

Office hours are Monday to Friday from 08:00 to 17:00.

Institutional investing

Office hours are Monday to Friday from 08:00 to 17:00.

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