Tag: Old Mutual Corporate Consultants
EARLY ACCESS TO PENSION SAVINGS – THE IMPACT ON THE RETIREMENT...
The new two-pot system will provide short relief for SA retirement fund members, but the trade-off will include increased complexity and possibly increased administrative costs, notes Blessing Utete, Managing Executive: Old Mutual Corporate Consultants.
Tax impact on your retirement savings
Despite the tax benefits on retirement contributions and the tax free growth, the fact that pension income benefits are ultimately taxed has led people to question whether saving in a retirement fund really is better than making your own retirement savings arrangements with after-tax earnings.
