South African financial planning guide

Plan tax-free savings contributions

A tax-free savings contribution should be considered alongside your emergency cash, debt costs, retirement contributions and long-term goals. The right amount depends on the assumptions in your complete plan.

How to model it in BinnaBurra

1. Add your tax-free savings account and its current balance.
2. Create a contribution scenario at the amount and frequency you are considering.
3. Compare the resulting cash flow and long-term projection with your other choices.