The TFSA limit is now R46 000.
To celebrate, you could now win R10 000 invested into your new Sygnia TFSA.
From 1 March 2026, the annual TFSA allowance increased to R46 000 – giving you R10 000 more to invest tax-free each year.
Sygnia is investing R10 000 each month into one qualifying new TFSA. Open a new Sygnia Tax-Free Savings Account and make your first contribution to qualify. Each month, one verified winner will have R10 000 invested directly into their Sygnia TFSA.
Enter your details below to take part in the monthly R10 000 invested draw.
Magda Wierzycka
CEO
“Every organisation has to choose what it stands for. We choose simplicity and honesty. And we mean it.”
Frequently asked questions
Who can open a TFSA?
Any South African adult resident can open a TFSA, including parents/guardians for their children.
What happens if I don't invest the full R46 000 annual limit?
If you choose not to invest the full R46 000 annual limit, any unused portion of the limit cannot be rolled over to the next year. So if you only invest R25 000 during the tax year, the remaining R11 000 of your annual limit cannot be carried forward to the next tax year and will be forfeited.
Can I have multiple TFSAs across service providers?
Yes, but be sure to keep your total annual contributions across your accounts within the R36Â 000 limit per tax year (and the R500Â 000 lifetime limit).
Can I make withdrawals from my TFSA whenever I want?
You can dip into your TFSA whenever you want, but note that there is a 32-business-day clearance period for debit orders and once-off collections.
What happens to my TFSA if I pass away?
The executor of your estate will close the TFSA and distribute the funds according to your will (or, if there is no will, in accordance with the laws of intestate succession).
Need help? We are here.
Call us today
Reach out to our Client Relationship Managers on: 0860 794 642
Monday – Friday, 8am – 5pm.
Send us a message
You can also send us an email at admin@sfs.sygnia.co.za, and we’ll strive to respond to your email within 8 business hours.