Pension savings

The idea of allowing scheme members to withdraw their savings before retirement to purchase houses came up as part of the tax proposal that President Uhuru Kenyatta introduced in April this year as part of measures to cushion the economy from the effects of the pandemic.

| File | Nation Media Group

I earn Sh45,000, save Sh500, and want to own a plot. Where do I start?

What you need to know:

  • Each month, Saturday Magazine will feature a reader’s money challenge. The reader will give us an honest breakdown of their finances, and our experts will give easy tips on exactly how to tackle their money issue or goal. So, gather your favourite drink, take a seat, and let’s talk about money
  • If you have a money problem you want to be fixed, send us an email using the addresses [email protected] or [email protected]media.com

Here is this month's 'Money question of the month'

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