Features & Benefits of the RSA
- Mandatory: Every employer with more than 5 employees is mandated by law to open RSA for all employees with a PFA.
- Shared Contributions: Both you and your employer contribute to your RSA, maximizing your retirement savings.
- Flexible Retirement Options: RSA funds will be accessible once contributor is 50 years old or can be subject to terms and conditions of service. Choose between a Programmed Withdrawal or an Annuity to suit your financial needs and preferences.
- Transparency and Peace of Mind: Contributors will receive a quarterly Statement of Account.
- Fully funded: The monthly contributions guarantee that the RSA remains fully funded to meet the liquidity needs at retirement.
- Strict Regulation: Your savings are protected under stringent regulatory oversight, ensuring they are managed responsibly and securely.
Make The Switch to Premium Pension!
At Premium Pension, we believe it's never too early to start preparing for retirement. That's why opening a Retirement Savings Account (RSA) is one of the smartest financial decisions you can make. An RSA is a powerful savings tool that guarantees a steady income stream during retirement, ensuring you can maintain your standard of living. .
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