Key Features of SWP

  1. Customizable Withdrawals: You can choose the withdrawal amount and frequency.
  2. Flexibility: SWPs can be modified or stopped at any time without penalties.
  3. Tax Efficiency: Withdrawals are subject to capital gains tax, which can be lower than income tax on interest-bearing instruments.
  4. Preservation of Principal: With careful planning, you can ensure that your capital lasts longer.