n Tax Breaks Newsletter - Don't forget the wife and kids in tax planning : retirement funding




Extracted from text ... 4 July 2006 Moneyweb's TAX BREAKS RETIREMENT FUNDING MOST of us are aware that the fiscal year-end of 28 February is the key date to finalise personal financial tax planning. We are constantly reminded of this fact by the annual deluge of reminders from the insurance giants keen to entice us to invest in retirement annuity policies (RAs). The lure is tax deductibility of the contributions and a staggering accrual of wealth in the year of retirement. What is surprising is that the target market is mainly the family bread-winner. Ignored, it seems, are housewives and children, despite there ..


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