South Africa: Five things to know before asking for a two-pot withdrawal

Here’s a checklist of what you need to know or put in place:  

⌛Time frame: You may find that you can only receive withdrawal amounts from mid-September because your retirement fund still needs to verify your seeding amount and carry out the appropriate checks and balances.

🤖The process may also take longer if your retirement fund administrator cannot facilitate claims via an automated electronic payment process which does not need manual intervention. Guy Chennells, chief…