Unfortunately, if you pay into a personal pension plan in the same year as you contribute to a retirement annuity
contract, you are then limited to personal pension rules for both plans and as such the earnings are capped.
annuitisation), the amendments for pension funds and retirement annuity
funds will continue as previously legislated.
It is now a requirement that a retirement annuity
fund must be registered in Namibia under the Pension Funds Act of 1956.
The new annuity calculator that is part of EBIS will allow employees to perform "what-if " scenarios concerning their retirement annuity
, high3 average salary, TSP annuity, TSP projected account balance, and so on.
In another situation, Husband established an individual retirement account and an individual retirement annuity
This law already applies to all pension fund and retirement annuity
fund members, but will now be extended to members of provident funds.
Situation 2: Husband H established an individual retirement account and an individual retirement annuity
They are no longer required to use the pot to buy a retirement annuity
As per the reports, the Coastal Educational Foundation board has agreed to fund a retirement annuity
up to $1 million for CCU president Dave DeCenzo.
rule applies to each separate individual retirement account, individual retirement annuity
, or retirement bond maintained by an individual.