The Money Steps: Step 6 of 9 📈 Max out your retirement savings. SARS lets you deduct retirement contributions up to 27.5% of your income, capped at R430 000 a year, including what your employer already contributes. Check your payslip, see what's already going in, and top up the gap with a retirement annuity. Anything over the limit rolls forward to future years. Just remember, the retirement component stays locked until you retire, so only invest money you won't need before then. Comment MONEYSTEPS and I'll send you the full South African checklist. Follow for Step 7. Disclaimer: Educational content only, not financial advice. - @heikoinvests