Practical Guidance: Implications of Retirement Annuities and Pensions
Duration: 2 hours
Price: R195.00
Practical Guidance: Implications of Retirement Annuities and Pensions
Presenters : Adv Christel van Wyk
Overview
Join us for a practical and informative video that unpacks the recent retirement reforms, with a special focus on the implementation of the new 'two-pot' retirement system. This session will provide a clear understanding of how the system operates in practice and what it means for individuals planning for retirement. We’ll explore the tax consequences of accessing your savings component, how the retirement component is treated at retirement, and provide real-life examples to illustrate the financial impact. Whether you're planning for your future, assisting clients, or simply need clarity on the new framework, this session offers valuable insights into making well-informed retirement decisions.
Video Content
- Part 1: Background to the ‘two-pot’ retirement reform
- Part 2: Overview of the different retirement components
- Part 3: The savings withdrawal process and tax implications
- Part 4: Transfers between funds
- Part 5: The tax implications upon resignation
- Part 6: The tax implications upon retirement
- Part 7: Specific implications for non-residents
Competencies Developed
By attending this video, you will gain the ability to:
- Understand the tax implications of the retirement reforms
- Make informed decisions regarding your retirement funds
- Prepare more effectively for your retirement
- Avoid pitfalls when making savings withdrawals
- Simplify retirement-related tax reporting when submitting your tax return