Fund members show interest in tapping into their retirement savings through the two-pot retirement system but what is the long-term impact?

The two-pot retirement system was implemented on 1 September last year and gives you the option to withdraw from your savings ...

This is an important question as people could start the new cycle of two-pot retirement system withdrawals from 1 March.

SARS releases 2-pot system figures SARS published a media ... that one particular TikTok user showed that her maximum retirement withdrawal would be taxed under R8500. A financial expert weighed ...

Explore the implications of the Two-Pot Retirement System in South Africa and learn what happens to your retirement savings ...

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Now, there's talk about changes to the system to allow for further withdrawals. According to a personal finance journalist, Maya Fisher-French, the withdrawals for the two-pot system reset on 1 March.

Momentum Group has reported a strong set of results for the six months ending December 2024, including a surge in two-pot ...

South Africans are currently able to withdraw their full pension savings, subject to taxation, when they leave a job, though this means that many people enter retirement with little to no capital once ...

As the new tax year kicked off this month, retirement fund administrator Alexforbes says it has already received over 33 000 savings pot withdrawal ... under the two-pot system Alexforbes said ...