Cut-off dates for RA and TFI contributions for the tax year ending 28 February 2023

Please refer to the 2022/23 tax year cut-off dates below to ensure that your contributions to reflect in the Silke Retirement Annuity Fund (RA) and Silke Tax-Free Investment (TFI) bank accounts by 28 February 2023.

Table 1: Instruction cut-off dates for the different payment methods into the RA and TFI bank accounts

*As banks have different processing timelines, electronic funds transfers may need to be made earlier than this date, to ensure the money reflects in the RA bank account by the 28th.

**Delayed priced funds take an additional business day to price, therefore payment and instructions for these funds must be received one business day earlier, on 22 February 2023.

Electronic collections simplify the contribution process.

Your clients can securely contribute to their investments via electronic collection, which means we do not have to wait for your clients' electronic funds transfers to reflect in our bank accounts before processing their instructions. This simplifies the contribution process and affords you and your clients more time to submit these instructions.

If you have any questions or feedback, please contact us at engage@silke.co.za or (021) 683-3380 by the 20th of February 2023 to be on the safe side.

Our Integrated Wealthcare approach is based on your personal priorities and aspirations. This process is designed to give you a clear course of action for pursuing your goals that span various time horizons and life stages to empower you to do extraordinary things with your wealth, both now and in the future.

I look forward to talking with you again soon.

Yours in health,

Shane Thom, CFP^® GTP(SA)™
Managing Partner // Key Individual // Integrated Wealthcare Advisor // Personal Portfolio Manager (PPM)