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 Old Mutual Withdrawal Form 2015

Old Mutual Partial Withdrawal 2015-2025 Form

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Instructions and help about old mutual withdrawal forms

[Music] hi my name is tardo and I'm here to help you understand South Africa's new twoot retirement law that is coming soon the new twot system that is being introduced on the 1st of September 2024 is designed to help you do two things one to help you grow your retirement savings so that you have more money available when you go on pension two to help you in an emergency by only allowing you to access a portion of your savings once a year before you go on pension it's been nicknamed the twoot system because it will take your future pension savings that you make after 1 September 2024 and will allocate them into two separate pots one called the retirement pot and the other called the savings pot within the same fund from September 2024 you will be able to withdraw cash from your savings pot once a taxier should you have a financial emergency remember in order to withdraw you must have a minimum of 2,000 Grand in your savings pot if you would like to learn more ab

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