Many consumers were taken aback by the tax they had to pay when withdrawing some of their funds under the two-pot retirement ...

While the two-pot system offers immediate relief ... potentially leading to increased reliance on credit. For example, someone who withdraws from their accessible pot to pay off credit card ...

Allan Gray and other financial experts have warned South Africans to leave the savings component of their retirement funds ...

The two-pot retirement system was implemented in September last year to give people access to their retirement savings for emergencies. During the four months since the implementation of the two ...

The Two-Pot Retirement System, introduced by Sars ... advisor and/or tax planner should be able to plan and present examples of the various tax scenarios regarding the potential tax obligations ...

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 ...

Alexforbes has revealed that by January 30, 2025, they had processed 370,000 claims with a total value exceeding R7 billion following the implementation of the two-pot retirement system on ...