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.
The Citizen6d
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 ...
Moneyweb22d
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 ...
Moneyweb11d
Two-pot: 34% of Alexforbes members plan to claim again
Tuesday saw Alexforbes release statistics on the two-pot retirement system from its implementation date on 1 September until 30 November 2024. The information in the survey is based on responses ...
Independent Online12d
R7 billion in claims processed under two-pot system, says Alexforbes
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 ...
News2422d
Two-pot: 2.4m South Africans cashed out, and 214 000 lied about their income, says SARS
So far, more than 2.4 million South Africa cashed out R43 billion from their pensions funds after the two-pot pension system was launched in September, the South African Revenue Service (SARS) ...