by AYANDA NGCETHE, CFP®️ | Jun 1, 2024 | Retirement Funding Series
Provident funds have been treated differently in South Africa while Pension funds and Retirement Annuity were treated the same. Old rules of Provident Funds were saying that, when a member resigns. They can take 100% of their of the provident fund interest. Now all...
by AYANDA NGCETHE, CFP®️ | May 21, 2024 | Retirement Funding Series
We are discussing the evolution of pension fund, provident fund and retirement annuity taxation in South African. Tax and change are guaranteed. Government always try to come up with a new convenient way of collecting tax from it’s citizens. Retirement funds tax...
by AYANDA NGCETHE, CFP®️ | May 14, 2024 | Retirement Funding Series
The TWO Pot System will start from 1 September 2024. Please watch video on our YouTube Channel, BluFinance TV. This change will affect the way you withdraw money from your Pension Funds, Retirement Fund and Provident Fund when you get retrenched or in case of...
by AYANDA NGCETHE, CFP®️ | May 14, 2024 | Retirement Funding Series
Please watch the video on our YouTube channel BluFinance TV. Ayanda is taking us through different types of Retirement Funds. Pre-retirement planning is one of the most important Financial Planning aspects. Taking it seriously, it will help you to retire comfortably...