The two-pot system will apply to you unless you are ... go into your savings pot – which you can withdraw from once every tax year. For the first year of implementation, and additional 10% ...

If you choose to make a withdrawal, we encourage you to use SARS’s two-pot retirement system calculator to estimate the tax that will be deducted – so there are no unpleasant surprises.

now that South Africa has entered the new tax year, fund members may withdraw from this savings pot of the two-pot retirement system again. Alexforbes has received more than 33,000 savings pot ...