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well explained
Will GEPF members still receive their lump sum on retirement, if you do not make withdrawels? Thanx for the video
IF there are no withdrawals everything will proceeds as normal
Well explained. So basically taxes are pushed for the year of withdrawal?
Is it possible to withdraw as the usual case, leave the rest and continue to receive a monthly income and retain one's medical aid?
It sounds like you need financial advice please book an appointment, I need to know a lot more information to understand your situation to guide you accordingly
So, for every time you withdraw, you're going to be moved up a tax bracket?
No, depends on what you earn. But you will pay more tax.
There is no 29 February
28 in 2025
If this is how it’s gonna work,this retirement system is of little help 😏
For new employees entering the workforce, this is really good. Those transitioning….it’s a bit painful
well explained
Will GEPF members still receive their lump sum on retirement, if you do not make withdrawels? Thanx for the video
IF there are no withdrawals everything will proceeds as normal
Well explained. So basically taxes are pushed for the year of withdrawal?
Is it possible to withdraw as the usual case, leave the rest and continue to receive a monthly income and retain one's medical aid?
It sounds like you need financial advice please book an appointment, I need to know a lot more information to understand your situation to guide you accordingly
So, for every time you withdraw, you're going to be moved up a tax bracket?
No, depends on what you earn. But you will pay more tax.
There is no 29 February
28 in 2025
If this is how it’s gonna work,this retirement system is of little help 😏
For new employees entering the workforce, this is really good. Those transitioning….it’s a bit painful