The practical implications of the ‘two-pot system’ – what you need to know
With the September 1 implementation deadline looming, South Africa’s ‘two-pot’ retirement reform is fast coming to the boil.
Moneyweb6h
Two-pot reform: Retrenched workers could be allowed to dip into retirement portion
Under the two-pot system, which came into effect on 1 September last year, employees’ pension fund contributions are divided ...
The Citizen4d
Two-pot retirement system: How to maximise your tax benefits
Many consumers were taken aback by the tax they had to pay when withdrawing some of their funds under the two-pot retirement system. The two-pot retirement system has made it easier for pension ...
The Citizen9d
Two-pot retirement system: More billions rolling into consumers’ pockets
More billions are rolling into consumers’ pockets under the two-pot retirement system and looking at the profile of the average person who withdraws funds from the savings pot shows that middle ...
Moneyweb20d
Two-pot payouts top R43bn – Sars
More than 2.4 million South Africans have applied to withdraw money from their savings components under the two-pot retirement system, with a staggering R43.4 billion paid out to date. This was ...