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 aim of the two-pot system, therefore, is to prevent this, while still giving people access to a portion of their funds for emergencies. In essence, instead of all retirement savings going into ...
although the two-pot retirement system was designed to give pension fund members access to their retirement savings in an emergency. Traditional financial advice recommends maintaining an amount ...
Many South African retirement fund members who opted to withdraw money from their savings components under the two-pot retirement system were taken aback by the tax implications, according to a ...
The recently introduced two-pot retirement system aims to enhance retirement outcomes for South Africans by keeping the majority of future retirement contributions invested for retirement while ...