If you were 55 years old or older on 1 March 2021 (the date that provident funds were annuitised), and are still a member of that provident fund, you need to note the following. Read more…
There are specific tax implications in respect of the two-pot retirement system when withdrawing any amount from your savings pot before retirement. Read more…
From 1 September 2024 2/3rds of your contributions to your retirement fund will be allocated to your retirement pot and 1/3rd of your contributions to your retirement fund will be allocated to your savings pot. No withdrawals are allowed from your retirement pot,...
This publication provides a monthly review of major indexes, important macroeconomic indicators and an overview of the highs and lows of the stock market for the period. Read more…
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. Read more…
