The trade-off
An RA gives you a deduction now but locks funds until retirement. Discretionary investing is flexible but taxed.
A blended approach
Most households benefit from using both, weighted to their marginal tax rate.
Retirement Annuities Versus Discretionary Investing
Tax deductions today or flexibility tomorrow? How to balance both in one plan.
Sipho Dlamini·12 Jul 2026·9 mins read· 164 views