Living Annuity FAQ

Can I use my living annuity as collateral for a loan?

My RA pays 17% of the value each year. Can I take a loan against this amount

Am I permitted to take a loan against my living annuity?

I have a living annuity with old mutual for 13 years. The value is 351000.00. Can i make a loan of 100 000.00 against it. My monthly income from it is R3044.00 Thanks

How much will I receive monthly from my living annuity?

I transferred my previous pension to a retirement annuity and the current value of my retirement annuity is R 1,9m and I am contributing R1000 pm. I am 55 years old and after working in West Africa fo...

Can I increase my living annuity with unit trusts?

A question herewith please of a move to transfer taxable unit trust funds to a living annuity where no estate duties would be payable on my eventual demise: I am presently retired and receive a mon...

Can I withdraw all the funds from my living annuity?

I have money invested in a living annuity, but some problems have arrived and I need money for my daughter's university and for myself. Is there an option to get my money out of such a fund (I am now...

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