Acravest

Acravest Acravest is an independent retirement fund administrator. We provide all the tools and information n

NSBC Africa
24/06/2026

NSBC Africa

Article provided by Acravest 1. Why this matters for small business owners Small businesses across South Africa face growing pressure to attract and

Withdrawal Process
24/04/2026

Withdrawal Process

How to claim your Two Pot
24/04/2026

How to claim your Two Pot

18/02/2026
23/08/2024

Media Release: Tax Implications of Withdrawing from Two-Pot Retirement System

Persons who intend to withdraw from the savings pot of the Two-Pot Retirement System from 1 September 2024 must be registered for tax. Those who are not registered must register before they apply to their relevant fund... https://bit.ly/4gaQ1n1

From 1 September 2024, you can make an optional withdrawal from your ๐—ฆ๐—ฎ๐˜ƒ๐—ถ๐—ป๐—ด๐˜€ ๐—–๐—ผ๐—บ๐—ฝ๐—ผ๐—ป๐—ฒ๐—ป๐˜, once per tax year, with a ๐—บ๐—ถ๐—ป๐—ถ๐—บ๐˜‚...
13/08/2024

From 1 September 2024, you can make an optional withdrawal from your ๐—ฆ๐—ฎ๐˜ƒ๐—ถ๐—ป๐—ด๐˜€ ๐—–๐—ผ๐—บ๐—ฝ๐—ผ๐—ป๐—ฒ๐—ป๐˜, once per tax year, with a ๐—บ๐—ถ๐—ป๐—ถ๐—บ๐˜‚๐—บ withdrawal amount of R2,000.

Here's what you need to know:
โ€ข The amount withdrawn will be taxed as normal income and will be paid directly to you after tax and transaction costs.
โ€ข To apply, submit the ๐—ฆ๐—ฎ๐˜ƒ๐—ถ๐—ป๐—ด๐˜€ ๐—–๐—ผ๐—บ๐—ฝ๐—ผ๐—ป๐—ฒ๐—ป๐˜ ๐—ช๐—ถ๐˜๐—ต๐—ฑ๐—ฟ๐—ฎ๐˜„๐—ฎ๐—น ๐—ฎ๐—ฝ๐—ฝ๐—น๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป and supporting documents via email at [email protected] or through the Acravest Mobile App.
โ€ข The Savings Component withdrawal forms are available on the Acravest website: https://www.iretire.co.za/two-pot-forms-grid

๐’๐ญ๐š๐ฒ ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐ž๐ ๐ฐ๐ข๐ญ๐ก ๐€๐œ๐ซ๐š๐ฏ๐ž๐ฌ๐ญ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ฒ๐จ๐ฎ๐ซ ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ž๐š๐ฌ๐ข๐ฅ๐ฒ๐—ž๐—ฒ๐˜† ๐—™๐—ฒ๐—ฎ๐˜๐˜‚๐—ฟ๐—ฒ๐˜€:๐Ÿ”น  Daily updated investment values:  Me...
13/08/2024

๐’๐ญ๐š๐ฒ ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐ž๐ ๐ฐ๐ข๐ญ๐ก ๐€๐œ๐ซ๐š๐ฏ๐ž๐ฌ๐ญ
๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ฒ๐จ๐ฎ๐ซ ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ž๐š๐ฌ๐ข๐ฅ๐ฒ

๐—ž๐—ฒ๐˜† ๐—™๐—ฒ๐—ฎ๐˜๐˜‚๐—ฟ๐—ฒ๐˜€:
๐Ÿ”น Daily updated investment values: Members have access to daily updated investment values per component via the ๐—”๐—ฐ๐—ฟ๐—ฎ๐˜ƒ๐—ฒ๐˜€๐˜ ๐—”๐—ฝ๐—ฝ.
๐Ÿ”น ๐—”๐—ฐ๐—ฟ๐—ฎ๐˜ƒ๐—ฒ๐˜€๐˜ ๐—”๐—ฝ๐—ฝ: Download the ๐—”๐—ฐ๐—ฟ๐—ฎ๐˜ƒ๐—ฒ๐˜€๐˜ ๐—”๐—ฝ๐—ฝ from the App store. Use your fund member number as the username and your ID number as the password to login.
๐Ÿ”น ๐—œ๐—ป๐—ณ๐—ผ๐—ด๐—ฟ๐—ฎ๐—ฝ๐—ต๐—ถ๐—ฐ ๐—ฎ๐˜ƒ๐—ฎ๐—ถ๐—น๐—ฎ๐—ฏ๐—น๐—ฒ: Explore the infographic on the ๐—ง๐˜„๐—ผ ๐—–๐—ผ๐—บ๐—ฝ๐—ผ๐—ป๐—ฒ๐—ป๐˜ dispensation available on the Acravest website at: https://www.iretire.co.za/infographics-grid

Stay connected and make informed decisions about your investments.
For any assistance or questions, feel free to contact us.

๐—”๐˜ ๐—ฅ๐—ฒ๐˜€๐—ถ๐—ด๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ฒ๐˜๐—ถ๐—ฟ๐—ฒ๐—บ๐—ฒ๐—ป๐˜ (๐— ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟ๐˜€ ๐˜„๐—ถ๐˜๐—ต ๐—›๐—ถ๐˜€๐˜๐—ผ๐—ฟ๐—ถ๐—ฐ ๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น ๐—–๐—ผ๐—บ๐—ฝ๐—ผ๐—ป๐—ฒ๐—ป๐˜) ๐Ÿ”น ๐—›๐—ถ๐˜€๐˜๐—ผ๐—ฟ๐—ถ๐—ฐ ๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น ๐—–๐—ผ๐—บ๐—ฝ๐—ผ๐—ป๐—ฒ๐—ป๐˜:  Consists of Veste...
31/07/2024

๐—”๐˜ ๐—ฅ๐—ฒ๐˜€๐—ถ๐—ด๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ฒ๐˜๐—ถ๐—ฟ๐—ฒ๐—บ๐—ฒ๐—ป๐˜ (๐— ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟ๐˜€ ๐˜„๐—ถ๐˜๐—ต ๐—›๐—ถ๐˜€๐˜๐—ผ๐—ฟ๐—ถ๐—ฐ ๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น ๐—–๐—ผ๐—บ๐—ฝ๐—ผ๐—ป๐—ฒ๐—ป๐˜)
๐Ÿ”น ๐—›๐—ถ๐˜€๐˜๐—ผ๐—ฟ๐—ถ๐—ฐ ๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น ๐—–๐—ผ๐—บ๐—ฝ๐—ผ๐—ป๐—ฒ๐—ป๐˜: Consists of Vested Benefits and/or Non-Vested Benefits.
๐Ÿ”น ๐—”๐˜ ๐—ฅ๐—ฒ๐˜€๐—ถ๐—ด๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป: ๐—ง๐—ต๐—ฒ ๐—›๐—ถ๐˜€๐˜๐—ผ๐—ฟ๐—ถ๐—ฐ ๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น ๐—–๐—ผ๐—บ๐—ฝ๐—ผ๐—ป๐—ฒ๐—ป๐˜, including growth, will be available in cash.
๐Ÿ”น ๐—”๐˜ ๐—ฅ๐—ฒ๐˜๐—ถ๐—ฟ๐—ฒ๐—บ๐—ฒ๐—ป๐˜: Vested Benefits and one-third (โ…“) of Non-Vested Benefits will be available in cash, while two-thirds (โ…”) of Non-Vested Benefits need to be converted into a lifelong pension.

Stay informed and plan accordingly to manage your retirement benefits effectively. If you have any questions or need clarification, please do not hesitate to contact us.

We are excited to share that a new video is live on our YouTube channel: "๐—”๐—ป ๐—˜๐˜…๐—ฝ๐—น๐—ฎ๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ง๐˜„๐—ผ-๐—ฃ๐—ผ๐˜ ๐—ฆ๐˜†๐˜€๐˜๐—ฒ๐—บ"This impo...
30/07/2024

We are excited to share that a new video is live on our YouTube channel: "๐—”๐—ป ๐—˜๐˜…๐—ฝ๐—น๐—ฎ๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ง๐˜„๐—ผ-๐—ฃ๐—ผ๐˜ ๐—ฆ๐˜†๐˜€๐˜๐—ฒ๐—บ"

This important change will be implemented on ๐Ÿญ ๐—ฆ๐—ฒ๐—ฝ๐˜๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ, and we want to make sure you are well-informed about what it means for your retirement planning.

In this video, we break down the key aspects of the two-pot system, how it works, and the benefits it brings. Whether you're nearing retirement or just starting to plan, this information is crucial.

Watch it now: https://youtu.be/LfQAFi6nTy4

Don't forget to like, comment, and subscribe to our channel for more updates and helpful tips! Share this post with your friends and family so they can stay informed too.

An explanation of the two pot system for retirement that will be implemented on 1 September 2024

Address

Castle Walk Corporate Park Block B, Cnr Nossob & Swakop Str, Erasmuskloof
Pretoria
0048

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Tuesday 08:00 - 16:30
Wednesday 08:00 - 16:30
Thursday 08:00 - 16:30
Friday 08:00 - 16:30

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