Invest insurance
Retirement annuity advice for people who want a plan, not a lecture.
Tax-efficient retirement savings that grow with you — and shrink your tax bill while they do.
- Tax-deductible contributions
- Tax-free growth
- Flexible contributions
A retirement annuity (RA) is one of the most tax-efficient ways to save for retirement in South Africa. Your contributions are tax-deductible (within limits), your investment grows free of tax, and you build an income for the years when you're no longer earning a salary.
Ample gives you independent advice on retirement annuities across South Africa's leading providers, helping you choose low-cost, well-managed funds matched to your retirement goals.
What Retirement Annuity covers
Tax-deductible contributions
Reduce your taxable income by contributing up to 27.5% of income (annual limits apply).
Tax-free growth
No tax on interest, dividends or capital gains inside the RA.
Flexible contributions
Pay monthly or in lump sums, and adjust as your income changes.
Goal-based portfolios
Fund choices matched to your age, goals and appetite for risk.
Estate benefits
RAs generally fall outside your estate, paying directly to your beneficiaries.
Independent fund advice
We compare providers and funds on cost and performance — not commission.
Who retirement annuity is for
- Anyone wanting to retire comfortably
- Self-employed people with no company pension
- Higher earners seeking tax savings
- Younger savers wanting decades of compound growth
Retirement Annuity FAQs
How does an RA save me tax?
Contributions are deductible against your taxable income (up to 27.5% of the greater of taxable income or remuneration, capped at R350,000 a year), growth is tax-free, and that combination meaningfully boosts your returns over time.
When can I access the money?
Retirement annuity benefits are generally preserved until retirement, normally from age 55. Under the two-pot retirement system, qualifying amounts in the savings component may be accessible before retirement, subject to legislation, fund rules, minimum withdrawal requirements and tax. At retirement, the remaining benefits are subject to the retirement and annuitisation rules applicable at the time.
Are RAs a good investment?
For most people saving for retirement, yes — the tax benefits are significant. What matters is choosing a low-cost, well-managed fund. We give independent advice rather than pushing one provider.
Can I have an RA and a pension fund?
Yes. Many people top up an employer pension with an RA, especially to maximise the tax deduction. We help you make the most of both.
This page is general information, not financial advice. Cover varies by policy and provider — your dedicated Ample broker tailors it to your needs.
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