While planning and packing to move abroad may seem simple, many expatriates often wonder about what will happen to the fortune of their accumulated retirement funds. The questions on how to navigate the withdrawal of the different types of funds remain a difficult and confusing topic. As more expatriates plan to retire abroad without intentions of returning, it's clear that many South African expatriates are still grappling with this issue. Given recent legislative changes, understanding the .
Treasury’s attempt to consolidate the position on retirement benefits is commendable, but the two-pot system adds immense complexity to the tax treatment of policy withdrawals, say Khutso Makgoka and Megan Tucker.