RTL CAREER TRUST

The Career Trust Plan affords you a unique opportunity of making smart savings decisions to take care of your children or any other Beneficiary’s education plan.

General Features

  • Funds in the Trust are directed solely to children’s education
  • Withdrawal from the Trust fund is restricted only to the educational needs of the Beneficiaries
  • The amount to be withdrawn would be fixed only as agreed by the settlor

General Benefits

  • The RTL Career Trust fund allows for targeted savings geared towards an education dream
  • Funds are not dormant, there is a healthy Return on Investment.
  • Third parties will be precluded from gaining access to the Fund
  • Payment of fees will be more convenient and easy as you can direct your Trustee to do that on your behalf
  • Guarantees the continuation of the child’s education in the event of (demise or disability).
  • RTL Career Trust fund uses a Savings Plan and Future Cost Estimation metrics to make informed decisions

The Career Trust is divided into three categories of plans which our clients can take advantage of to suit their needs:

CTP Platinum

Features and Benefits

  • Competitive rate on Returns on Investment (ROI)
  • It is tax efficient.
  • The Trust Deed is drafted at no cost to you.
  • One time sign off fee
  • Management fee will be charged from Returns on Investment.
  • Shorter moratorium period to access funds (1 year)
  • Attracts no penalty on default contribution.
  • Career plan is not jeopardized by parents’ demise.
  • Members will have a personalized Relationship Manager.

CTP Gold

Features and Benefits

  • Competitive rate on Returns on Investment
  • It is tax efficient.
  • The Plan is backed by a Trust Deed at a fee
  • One-time sign on fee
  • Management fee will be charged from Returns on Investment
  • Moratorium period to access funds is a minimum of 2 years
  • Members will have a personalized Relationship Manager.

CTP Silver

Features and Benefits

  • Competitive rates on Return on Investment
  • Trust Deed is inclusive at a fee
  • Management fee is charged from Returns on Investment.

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