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 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 ...
Fund members show interest in tapping into their retirement savings through the two-pot retirement system but what is the ...
This is an important question as people could start the new cycle of two-pot retirement system withdrawals from 1 March. The two-pot retirement system gives South Africans the opportunity to ...
National Treasury has proposed that the implementation of the so-called two-pot retirement system, which would allow people to access one-third of their pension savings before retirement, be delayed ...
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.
It is banking on infrastructure investment to drive economic growth and job creation.
The party’s leader says a ‘political meeting’ is needed to reach a ‘solid deal’ before the budget is tabled on Wednesday.