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WATCH | Two-Pot Retirement System | Concerns remain over tax on withdrawals

President Cyril Ramaphosa at the invitation of His Excellency President Xi Jinping of the People’s Republic of China at the Welcome Ceremony of the State Visit at the Great Hall of the People in Beijing.
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JOHANNESBURG – The much-spoken about the Two-Pot Retirement System has kicked in.
It’s arguably the biggest change in the country’s retirement landscape.
However, taxpayers are divided on whether to withdraw their retirement savings or leave them untouched.
Government Pension Administration Agency chief information technology officer, Meiring Coetzee spoke to eNCA in the video below.
 

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