FNB Living Annuity
After retirement, one of your biggest considerations is ensuring you have enough income to make ends meet. With an FNB Living Annuity you receive a regular income after retirement and get 1% back in eBucks when you switch your retirement savings.
How it works
Your income can be paid out on a monthly, quarterly, biannual or annual basis. You remain invested in the market and will continue to benefit from its performance but you will also be exposed to the risk of market shifts.
Why you need this plan
Easy to manage and maintain
Flexibility to adjust your income based on your needs and the performance of your investment.
Pay no tax on returns
You pay no tax on investment returns or capital growth, but are taxed on the income you receive.
Stay invested
Grow your retirement savings by staying invested in the market.
Nominate your beneficiaries
Select who will receive your investment in the event of your death with either a lump sum or a regular income.
FLEXIBILITY
Adjust your income annually based or your needs and the performance of your investment.