What to do with your South African Retirement Savings: understanding the impact of the new "2 pot system" for South Africans living in Israel

From 1st September South Africa's retirement savings framework will undergo a dramatic restructuring with the introduction of a new "2 pot system". These changes will affect the ability to cash out and the taxes imposed on pensions, provident funds, and retirement annuities.

These impending changes have been causing quite a lot of concern for expat with South African retirement savings living in Israel. In a webinar last week hosted by Telfed in Israel, the Intltax team demystified these changes and discussed their impact on South Africans living in Israel. Even if you missed the talk, you can watch the full webinar here: