What is the minimum monthly amount I can invest in an annuity?


Question:

What is the minimum monthly amount I can invest in an annuity?

Answer:

Niel, This depends on the service provider. At 10X, the minimum monthly contribution is R1 000, but other providers may permit lower amounts.

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.


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