Living Annuity FAQ

Who should consider using a living annuity?

Choosing between a living and a guaranteed annuity requires a careful evaluation of your personal needs, circumstances and priorities.In this, you must consider a host of factors that are specific to...

Can I combine a provident fund, preservation fund and retirement annuity fund to purchase one living annuity?

Can I combine a provident fund, a pension preservation fund and a retirement annuity fund for the purpose of purchasing one living annuity?

What is the difference between a guaranteed annuity and a living annuity?

A guaranteed annuity will provide an income that is guaranteed to last for your whole life (and your spouse’s, if applicable), but your heirs won’t be able to inherit whatever is left on your death. I...

What reports can I expect from the 10X Living Annuity?

10X’s reporting is completely transparent so you can see all the information relating to your investments that 10X can see. The 10X online Administration & Reporting Portal gives you access t...

How much income will my living annuity pay?

You have the flexibility to choose the annual income your living annuity will pay, between 2.5% and 17.5% of your remaining capital at your policy anniversary date. These regulatory income limits are...

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