Your Money
How retirement annuity tax deductions work
Contributions to a retirement annuity, pension or provident fund are deductible up to 27.5% of income, capped at R430,000 a year for 2026/27.
Two-pot retirement
The two-pot retirement system lets members withdraw from a savings pot once a tax year. Rules, tax and what withdrawals cost later.
Your Money
How two-pot retirement withdrawals work
Members of retirement funds can take cash from a savings pot once a tax year, from R2,000, and SARS taxes it as an annual payment at the member's marginal rate, between 18% and 45%.
Your Money
Pension adjudicator logs a record 13,041 complaints in a year
Complaints to the Office of the Pension Funds Adjudicator rose 26% in 2025/26, and unpaid employer contributions were the largest category of closed complaints.
Your Money
Nineteen municipalities owe R1.79bn in unpaid pension contributions
Parliament's finance committee says Free State and North West councils hold 79.4% of the arrears, with Kopanong alone owing R378 million.
