by Newsbreak Producer, Tashlan Naidoo - Now to our SABC News special focus on the two-pot retirement system, in partnership with Sanlam. The National Treasury will implement the Two-Pot retirement system on Sunday, allowing employees to access some of their retirement funds during their working years. Sanlam's Benchmark 2024 research, called Accelerating A Better Working South Africa, shows the number of individuals planning to "cash out" funds through this amendment has jumped significantly, from 31% in 2022 to 59% in 2024. As the deadline looms, concerns have been raised regarding tax implications of the new system. Head of Technical Support at Sanlam's Glacier Investments, Annalise De Meillon Muller spoke to Newsbreak's Tashlan Naidoo about some of the more frequently asked questions relating to tax implications

<p>by Newsbreak Producer, Tashlan Naidoo - Now to our SABC News special focus on the two-pot retirement system, in partnership with Sanlam. The National Treasury will implement the Two-Pot retirement system on Sunday, allowing employees to access some of their retirement funds during their working years. Sanlam's Benchmark 2024 research, called Accelerating A Better Working South Africa, shows the number of individuals planning to "cash out" funds through this amendment has jumped significantly, from 31% in 2022 to 59% in 2024. As the deadline looms, concerns have been raised regarding tax implications of the new system. Head of Technical Support at Sanlam's Glacier Investments, Annalise De Meillon Muller spoke to Newsbreak's Tashlan Naidoo about some of the more frequently asked questions relating to tax implications</p>

Award-winning Current Affairs programme and News talk show bringing you topical news issues of the week relevant to Lotus FM - we cover issues YOU want to hear - beating deadlines, making headlines. Shows at 5-6am, 12-12:30pm weekdays and Newsbreak Talk on weekends from 12-1pm.

<p>Award-winning Current Affairs programme and News talk show bringing you topical news issues of the week relevant to Lotus FM - we cover issues YOU want to hear - beating deadlines, making headlines. Shows at 5-6am, 12-12:30pm weekdays and Newsbreak Talk on weekends from 12-1pm.</p>

Lotus fm - Newsbreak

Newsbreak - Lotus fm

#PODCAST In our special focus, Sanlam's research shows the number of people wanting to "cash out" funds through the two-pot retirement system has jumped from 31 to 59%  #sabcnews

Advertisement