🇿🇦 South Africa
1d ago
What your annual two-pot withdrawal really costs you
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By Kristin Putter*We’ve all been in that uncomfortable position when unexpected expenses crop up and we’re scrambling to pay for the kids’ overseas school trip, urgent car repairs, or a family emergency. Up until fairly recently the only way to take care of these costs was to use credit.But now, many South Africans with a retirement fund or annuity are looking to tap into a new source of help when finances are tight: the savings portion of their two-pot retirement funds.Before September 2024, ge
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