Location |
Gaborone |
Sublocation |
all |
cellphone | 74712638 |
telephone |
RETIREMENT ANNUITY / PENSION PROVIDER from Metropolitan is a fund created to help people invest for retirement during their working years. This is to ensure financial security at old age. Facts are that only 7% of people retire in Botswana into dignity (media and product survey 2010) and 49% depend on someone else to pay their expenses (Finscope 2010)!
With these scaring facts, retirement planning becomes one of utmost importance. People are living longer without making adequate provision for such a lengthy retirement period.
The lesson learnt is that if you don't provide for yourself with a good pension, you will become a burden to your children, relatives or government.
Benefits of a Pension Plan:
* provides 1/3 tax free lump sum anytime after age 55
* provides monthly income after retirement paid for as long as you live!
* benefits cannot be claimed by creditors in terms of current legislation
* in terms of current legislation, up to 15% of your declared income are an allowance deduction/ tax deductible, thus saving on income tax!
* You can change employers whilst keeping your policy
* Provides lumpsum inheritance on death
* You can access your benefits anytime after age 55 even if you are still working
* Expatriate workers can also use this plan to save on tax and take their pension when they go ( 1/3 tax free)
Call or WhatsApp 74712638
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