Beware the tax on withdrawals from two-pot retirement system
Remember that any funds accessed from the savings pot will be added to other taxable income and taxed in full
01 September 2024 - 00:00
During and after the Covid-19 pandemic, the media reported that many retirement fund members who found themselves in financial stress had solved their problems by resigning and withdrawing their entire retirement funds. These reports highlighted a practice that was not new...
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