T Financial Terms
3 terms starting with T.
Tax-Free Savings Account (TFSA)
BankingA savings or investment account where all returns — interest, dividends, and capital gains — are completely exempt from tax. South Africans can contri...
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LoansThe full amount you will pay over the life of a loan, including the principal, all interest charges, initiation fees, monthly service fees, and credit...
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Two-Pot Retirement System
GeneralA retirement fund structure introduced in South Africa on 1 September 2024 that splits new contributions into two components: a savings pot (one-third...
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