On 1 September 2024, 10% or R30 000 (whichever is lower) from your retirement savings in the fund as at 31 August 2024 will be allocated to your savings pot as a starting balance.
Seed capital – starting balance in savings pot
On 1 September 2024, 10% or R30 000 (whichever is lower) from your retirement savings in the fund as at 31 August 2024 will be allocated to your savings pot as a starting balance.