The new two-pot retirement system will let South Africans access some of their investment in an emergency, but an expert warns against this new benefit. Contributions will be split into a retirement component and a savings component, with the latter being accessible before retirement.
The new two-pot retirement system will allow South Africans to access some of their investment in an emergency. However, an expert warns against this new benefit. Contributions will be split into a retirement component and a savings component, with the latter being accessible before retirement.
The system aims to balance preservation and accessibility.
Retirement Savings Investment Emergency Preservation Accessibility
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