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The TFSA, plainly.

A tax-free savings account is the best deal SARS will ever offer you. Here is how it works, and the one mistake that permanently burns it.

The deal

Money you invest through a tax-free savings account grows with zero tax on the growth. No tax on interest, no tax on dividends, no capital gains tax when you sell. Ever. Outside a TFSA, tax quietly shaves your returns every year; inside one, every rand of growth stays yours.

The limits: you can contribute up to R46 000 per tax year, and R500 000 over your lifetime. Dreamer keeps count for you, so a round-up never takes you over the line.

Why it suits round-ups perfectly

The TFSA rewards exactly the behaviour round-ups create: steady, automatic contributions left alone for years. You do not need a lump sum. Spare change, collected weekly and invested tax-free, is the most tax-efficient money you will ever save - built from coffees.

The mistake that burns your limit

Here is the one rule to tattoo somewhere visible: never withdraw from a TFSA planning to put it back, and never cash one out to move providers. Contributions are counted gross for life - take out R50 000 and re-deposit it, and SARS counts the re-deposit as new contribution. You just burned R50 000 of your R500 000 lifetime allowance for nothing.

Moving providers has an official, safe mechanism: a Section 12T transfer. The money moves directly between providers and your limits are untouched. Dreamer handles the paperwork when you bring an existing TFSA across.

What lives inside it

A TFSA is a wrapper, not an investment. Inside it you still choose what the money grows in - at Dreamer, any fund on the platform, with its fee shown before you choose. The wrapper decides how the growth is taxed; the fund decides how it grows. You choose both.

Projections are estimates based on your current contributions, not guarantees. Your capital is at risk.

Every tap buildsyour dream.Be first in.

Join the waitlist and be first in when Dreamer opens. Your change, invested every Friday and left to compound. R99 a month, all-in fees under 1% a year.

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