Can I open a tax-free savings account in the name of a family trust or a company?

A tax-free savings account can only be opened for an individual. You can open one for each individual in a family, but cannot open one in the name of a trust or a company.

10X Index Fund Managers (RF) Pty Ltd is a Manager registered under the Collective Investment Schemes Control Act.

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.

Category: Tax-Free Savings Account

Topic: Customer Questions

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Can I open a tax-free savings account in the name of a family trust or a company?

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How do I top up my TFSA using My10X?

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