Sun, December 1, 2024
[ Sun, Dec 01st 2024 ]: Bill Williamson
How Trump's CIA Pick Funneled Congressional Campaign Funds To Himself And His Wife
[ Sun, Dec 01st 2024 ]: Bill Williamson
Bajaj Finance exits co-branded credit card space; ends tie-up with DBS, RBL
[ Sun, Dec 01st 2024 ]: Bill Williamson
Use this win-win TFSA strategy before Jan. 1 to maximize earnings and grow contribution headroom
[ Sun, Dec 01st 2024 ]: Bill Williamson
U.K. farmers furious over changes they say would force many to go under
[ Sun, Dec 01st 2024 ]: Bill Williamson
GOLDSTEIN: Chrystia Freeland ignores the bad vibes in our economy
[ Sun, Dec 01st 2024 ]: Bill Williamson
Why TotalEnergies SE (NYSE:TTE) Is One of the Best ADR Stocks to Invest in?
[ Sun, Dec 01st 2024 ]: Bill Williamson
HK Finance Chief Expects 50% Jump in Airport Capacity by 2035
[ Sun, Dec 01st 2024 ]: Bill Williamson
Refinancing a personal loan: Key benefits and how it works
[ Sun, Dec 01st 2024 ]: Bill Williamson
3 Mega-Cap Stocks to Buy Before They're Worth $1 Trillion
[ Sun, Dec 01st 2024 ]: Bill Williamson
GST assessment order served to old address is not valid service of order: Madras HC
[ Sun, Dec 01st 2024 ]: Bill Williamson
Does tech have gender? Venture capitalist Priyanka Gill says femtech is the future
[ Sun, Dec 01st 2024 ]: Bill Williamson
How I'm setting my daughters up to have $1 million each by the time they turn 30
[ Sun, Dec 01st 2024 ]: Bill Williamson
Will develop state by creating wealth, benefiting poor: Andhra CM Naidu
[ Sun, Dec 01st 2024 ]: Bill Williamson
Where Will Block Be in 5 Years?
[ Sun, Dec 01st 2024 ]: Bill Williamson
Temasek among cornerstone investors for LeapFrog's latest fund
[ Sun, Dec 01st 2024 ]: Bill Williamson
The grim ghost of crypto future
[ Sun, Dec 01st 2024 ]: Bill Williamson
Two-pot retirement system: keep your hands out of this cookie jar!
[ Sun, Dec 01st 2024 ]: Bill Williamson
What days will the SSDI payment be made for Decem .. ? These days you will receive disability benefits
[ Sun, Dec 01st 2024 ]: Bill Williamson
Warning over cybercrime surge in South Africa this holiday season
[ Sun, Dec 01st 2024 ]: Bill Williamson
40 per cent of Ugandans live below the poverty line
[ Sun, Dec 01st 2024 ]: Bill Williamson
The BIBF and Tamkeen launch Sales Graduate Development Programme for Bahraini job seekers
[ Sun, Dec 01st 2024 ]: Bill Williamson
RevFin eyes financing 2 mn vehicles, Rs 20k cr loan payment in 5 yrs: CEO
[ Sun, Dec 01st 2024 ]: Bill Williamson
5-Day Working Week For All Bank Employees Likely From December
[ Sun, Dec 01st 2024 ]: Bill Williamson
Can you exceed your credit card limit? Pros, cons, and tips to manage it
Vrbo
Sat, November 30, 2024
[ Sat, Nov 30th 2024 ]: Bill Williamson
Is Medical Properties Trust Stock a Buy?
[ Sat, Nov 30th 2024 ]: Bill Williamson
Why stamp duty on mutual fund registration?
[ Sat, Nov 30th 2024 ]: Bill Williamson
5 Must-Read Books For The High Achievers On Your Holiday Gift List
[ Sat, Nov 30th 2024 ]: Bill Williamson
Invest in banking like Warren Buffett: Own a 'castle'
[ Sat, Nov 30th 2024 ]: Bill Williamson
Five money habits to put you on the road to financial success in 2025
[ Sat, Nov 30th 2024 ]: Bill Williamson
Trump's tariffs could push up the price of your favorite beer (and tequila)
[ Sat, Nov 30th 2024 ]: Bill Williamson
The Most-Searched Credit Cards of 2024
[ Sat, Nov 30th 2024 ]: Bill Williamson
Top 10 Business Schools in the USA 2024 | Management Universities
[ Sat, Nov 30th 2024 ]: Bill Williamson
Investing With Friends and Family: 4 Dos and 3 Don'ts
[ Sat, Nov 30th 2024 ]: Bill Williamson
CBDT extends income tax return filing deadline for FY24 to Dec 15
[ Sat, Nov 30th 2024 ]: Bill Williamson
A boomer moved to Panama so her retirement would .. ing to find a job and her dream is slipping away.
[ Sat, Nov 30th 2024 ]: Bill Williamson
December horoscope 2024: Know about career, health & relationship for your zodiac sign
[ Sat, Nov 30th 2024 ]: Bill Williamson
Universal healthcare - lessons from the past
[ Sat, Nov 30th 2024 ]: Bill Williamson
'Not exactly a political powerhouse': Conservativ .. left scratching their heads at Trump's labor pick
[ Sat, Nov 30th 2024 ]: Bill Williamson
Tax Software vs a Tax Professional: Which Should You Choose?
[ Sat, Nov 30th 2024 ]: Bill Williamson
Vietnam approves $67 billion high-speed railway project between Hanoi and Ho Chi Minh city
[ Sat, Nov 30th 2024 ]: Bill Williamson
India Inc thrilled over FinMin's proposal to hike FDI limit in insurance sector to 100%
[ Sat, Nov 30th 2024 ]: Bill Williamson
French finance minister says budget can still be improved
[ Sat, Nov 30th 2024 ]: Bill Williamson
Unlocking Africa's Economic Potential: Sean Micha .. Role Of Decentralized Edge And Quantum Computing
[ Sat, Nov 30th 2024 ]: Bill Williamson
TVS Holdings receives RBI approval for acquisitio .. change in management of Home Credit India Finance
[ Sat, Nov 30th 2024 ]: Bill Williamson
FM Sitharaman urges regional rural banks to onboa .. digital services like mobile banking by Dec 2024
[ Sat, Nov 30th 2024 ]: Bill Williamson
JSW MG surges in sales: Is this the disruption electric car market needs?
[ Sat, Nov 30th 2024 ]: Bill Williamson
Real estate query: Leasehold vs Freehold Property .. at's the difference and which is more beneficial?
[ Sat, Nov 30th 2024 ]: Bill Williamson
Ripple poised for New York approval of stablecoin, set to enter regulated US crypto market

Two-pot retirement system: keep your hands out of this cookie jar!

The article from Citizen.co.za discusses the introduction of South Africa's two-pot retirement system, set to begin on September 1, 2024. This new system allows retirement fund members to access a portion of their savings before retirement, aiming to provide financial relief in emergencies without completely depleting their retirement funds. Under this system, one-third of contributions will go into a "savings pot" which can be accessed once per tax year, while two-thirds will be allocated to a "retirement pot" that remains locked until retirement. The article emphasizes the importance of not treating this savings pot as an easily accessible "cookie jar," warning against the temptation to withdraw funds for non-emergencies which could jeopardize long-term financial security. It highlights the need for financial discipline, suggesting that while the system offers flexibility, individuals should consider the long-term implications of accessing these funds prematurely.

Read the Full The Citizen Article at:
[ https://www.citizen.co.za/business/personal-finance/two-pot-retirement-system-keep-hands-out-of-cookie-jar/ ]