There are concerns that higher taxes imposed on early withdrawal from retirement funds, have not discouraged many consumers from cashing in on their pension savings before retirement. That’s the view of financial advisers, who have also advised consumers to familiarise themselves with the pros and cons of early withdrawal from their pension funds. Many over-indebted workers are forced to resign to access their retirement funds. The National Treasury says the proposed system would allow for limited withdrawal to ensure that people still have enough money for retirement.
For more news, visit sabcnews.com and also #SABCNews #Coronavirus #COVID19News #Covid-19Vaccination #Vaccine on Social Media….(read more)
LEARN MORE ABOUT: Retirement Annuities
REVEALED: How To Invest During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Pol II ləğvi 8i ç8pçpl9ı0l9pp8990