Browse FAQs
Contents
Business
How do I go forth to get my MIBFA provident fund paid out?
Go to your HR department and request an exit or withdrawal instruction form.
Read moreWhat happens to my retirement fund after I resign?
You should issue an instruction advising what to do with your accumulated savings.
Read moreCan my employer contribute to a retirement annuity on my behalf?
Employers can contribute to employee RAs. See how this might work.
Read moreGeneral
What you need to know about EAC (Effective Annual Cost)
EAC was introduced by ASISA so that customers have one standard with which to measure and compare the total cost of owning and accessing an investment like a retirement annuity
Read moreWhy should I invest with an index fund instead of an active fund manager?
Index funds deliver better long-term returns than actively managed funds. In fact, statistics show that only 1 in 5 actively managed funds ever manage to beat the index.
Read morePreservation fund
How do you join a 10X Preservation Fund?
When you withdraw from your current retirement fund (either a company fund or another preservation fund), you must complete a withdrawal form, indicating that you wish to transfer your investment to the 10X Preservation Pension/Provident Fund.
Read moreWhen can you access your preservation fund?
You can make one partial (or full) cash withdrawal at any time before you retire.
Read moreWho should consider using a preservation fund?
You should consider a preservation fund if you are withdrawing from a pension or provident fund.
Read moreRetirement annuity
What is the minimum 10X Retirement Annuity contribution and term?
Your minimum monthly contribution to the 10X Retirement Annuity is R1 000.
Read moreHow do you transfer to the 10X Retirement Annuity fund?
When you withdraw from your current retirement fund, you must complete a withdrawal form, indicating that you wish to transfer your investment to the 10X Retirement Annuity Fund.
Read moreTax-free savings account
How do I sign up for a Tax-Free Savings Account and what do I need?
You can sign up online in less than 10 minutes. Click here to access our online portal and follow the prompts.
Read moreHow much am I allowed to contribute to my TFSA?
Legislation allows you to invest up to R36,000 per year towards a TFSA, or R3,000 per month, with the maximum lifetime contribution being R500,000.
Read moreCan I open up a Tax-Free Savings Account for my child?
Yes, parents and legal guardians can set up a Tax-Free Savings Account in their child’s name.
Read moreCan I transfer my Tax-Free Saving Account from one provider to another?
Yes you can transfer your Tax-Free Savings Account from one provider to another.
Read moreUnit trusts
How is my unit trust investment taxed?
Your unit trust investment will earn interest and dividend income, and the price of your units will reflect the changes in the market value of the underlying assets.
Read moreHow can we 10X Your Future?
Begin your journey to a secure future with 10X Investments. Explore our range of retirement products designed to help you grow your wealth and achieve financial success.