WHAT Is The Retirement Two Pot System ? 🇿🇦 || HOW To Withdraw || Explainer Video (With Examples)

Make sure you watch this fully: video explaining everything you need to know about the Retirement Two-pot system effective 1 September 2024 in South Africa 🇿🇦.

00:36 Video Pathway
01:26 WHAT CURRENTLY HAPPENS (retirement law before Two-Pot System)
03:12 What is the Two-Pot System?
04:24 Who qualifies to withdraw from two-pot savings pot?
05:07 Why was the Two-Pot Retirement System introduced?
06:00 How Much Money Can I Get?
06:58 Worked Examples (3)
12:44 Two Pots vs Three Pots ? (Vested Pot)
13:14 How To Access Funds (Request Withdrawal)
13:52 Important Disclaimer
14:36 Things to Consider BEFORE requesting withdrawal ⚠️
15:44 Now What?

#TwoPotRetirementSystem #TwoPot #Tax #AskMissK #NokuhleKumalo
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ℹ️EXTRA RESOURCES

🔹Two-Pot System Calculator (Estimation): https://www.oldmutual.co.za/two-pot-r...
🔹 SARS Webinar on Two Pot System (1hr):    • Two-Pot Retirement System  

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