Natbank Income Draw Down Fund

Natbank Income Draw Down Fund gives retirees control over how their benefits are invested by providing income while the balance is invested. It is an alternative to annuities where returns are fully vested on the member. The minimum investment period is 10 years after which one can either access the remaining funds as a lump sum, buy an annuity or continue drawing down.


Benefits:



  • The client is in control off the specific asset classes where their funds are invested.

  • inflation beating returns.

  • Member is aware of the remaining fund balance at any given time.

  • Upon demise of the member, Beneficiaries can access the balance of the fund.

  • No gender disparity on payouts.


Requirements:



  • Duly completed application form

  • Copy of National ID

  • Copy of KRA PIN

  • Passport photo

Interested in Natbank Income Draw Down Fund or have a question?

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