The retirement funds industry is poised to implement the long-awaited two-pot system, ... Key considerations before you withdraw your retirement savings . Issued by SAICA. 27 Mar 2024. 27 Mar 2024 ...

2-pot retirement system withdrawals hit R21b – SARS The revenue service says more than 1.2 million South Africans applied to utilise their 'savings withdrawal benefit'. October 14, 2024 ...

SARS also noted that more than 53,000 users used its dedicated WhatsApp calculator, which assists users in determining how ...

POLOKWANE – By September 11, South African retirement fund members had applied to withdraw R4.1b in total from their savings under the newly introduced two-pot system, according to data from the ...

From 2 to 22 September, Old Mutual customers will be able to view their savings, retirement and vested pot balances via the Old Mutual channel on WhatsApp. This means customers will be able to see ...

JOHANNESBURG - Two-pot withdrawals will give South Africa’s economy a major boost. Retirement administrators have been flooded with requests, with Absa saying it was expecting withdrawals to ...

The total gross lump sum paid out in two-pot withdrawals to date is R21.4 billion, the South African Revenue Service (Sars) said on Friday. The amount has increased significantly from the R4 ...

Two-pot retirement system: Read this before you withdraw your funds. New two-pot retirement system likely to be implemented by September 2024. Scroll up to the audio player to listen to the interview.

JOHANNESBURG - The two-pot retirement frenzy continues as withdrawals surpass the R21 billion mark in less than two months. The system took effect at the beginning of September, giving pension ...

The new two-pot retirement system – which National Treasury intends to launch on 1 March 2025 – will let South Africans access some of their investment in an emergency, but an expert at Allan ...

For more financial stories, go to the News24 Business front page. The new two-pot retirement system was introduced with two objectives. One of these is to combat our failure to preserve our retirement ...