Living annuity

What transfers can a living annuity accept and make?

Transfers in: A living annuity may only accept transfers from another living annuity or from a retirement fund (pension, provident, pension preservation, provident preservation or a retirement annuity fund). It may not accept voluntary contributions. It is not possible to transfer a guaranteed annuity into a living annuity.

Transfers out: You may transfer your living annuity to another provider’s living annuity or to a guaranteed annuity.

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