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Infographic: How does a retirement fund benefit me?

Infographic: How does a retirement fund benefit me?

Key takeaways

  • A retirement fund enables you to save and invest for retirement.
  • You benefit from a tax deduction for contributions to a retirement fund.

  • Your savings in the fund grow free of tax. 

  • Your fund may offer a benefit if you die or are disabled before retirement.

  • Your can make withdrawals before retirement from your savings pot.
  • Withdrawals are best avoided if you want to retire with enough to provide an income in line with your current standard of living.

 

 

 

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