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4 Things you need to know about SA’s new two pot system before 1 September

South Africa’s retirement savings system is one of the largest in the world. This is due to many factors, but two stand out. Firstly, we lack a strong welfare system. Yes, there is an old age grant, but it barely provides enough to survive. Secondly, you can get significant tax benefits for saving for retirement if you choose the right investment vehicle. That’s where the new two pot system comes in.

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