Question:
i am a married 38 year old women,unemployed living in east London south afriaca, my question is can I take out a retirement annuity if I'm unemployed?
Answer:
Katie,
Yes, if you can afford it, you can take out a retirement annuity; however if you do not earn an income, you will not be able to deduct your contributions (or a lump sum investment) for tax.
The information and answers supplied in this section do not constitute advice as defined by the Financial Advisory and Intermediary Services Act, 37 of 2002.
