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The two-pot retirement system was implemented in September last year to give people access to their retirement savings for emergencies. During the four months since the implementation of the two ...
The South African Revenue Service (Sars) has reported that it has received 2,664,279 applications for tax directives for withdrawals from the two-pot system's Savings Withdrawal Benefit.
A survey by Old Mutual found that 60% of its members intended to use two-pot payouts to help settle debt. The new pension system allows South Africans a once-off withdrawal of 10% of their previous ...
The best high-yield savings accounts have a strong interest rate, good perks, and national accessibility. High-yield savings accounts are a good place to keep emergency money or savings for things ...
Here's our step-by-step guide to starting a savings habit and how to make your savings pot grow faster. Although cash Isas don't currently offer fantastic rates, it is still worthwhile opening one ...
The Congress of South African Trade Unions (COSATU) notes the release of Treasury’s two pot pension and savings reforms proposal (Revenue Laws Amendment Bill). The Federation welcomes the overall ...