Blog Q&A Calculators Students Logbook Contact
Need help filling in your 2017 tax return?

Get your maximum possible tax refund
with TaxTim by your side step-by-step!

Try TaxTim now

Retirement Annuity

Retirement Annuity

An annuity is a continuing payment, with a fixed total annual amount, coming from an annuity contract or agreement whereby inbound monthly contributions were made prior to a specific date (in terms of the contract).

A retirement annuity will start to pay out fixed payments back to the investor for a lifetime, at the date of retirement. The date is normally pre-determined in the contract.

Let TaxTim
help you
submit your
Tax returns!

TaxTim will help you:
  • Do Your Tax Return Easily
  • Avoid penalties
  • Save money
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Get started