Understanding the Two-Pot Retirement System The Two-Pot Retirement System introduces a new structure for managing retirement savings in South Africa, effective from 31 August 2024. Under this system, retirement funds are divided into three components: 1. Structure of the Two-Pot System Vested Component: This includes pre-existing retirement savings accumulated before 31 August 2024. Savings Component: Comprising 10% of the vested component (capped at R30,000) and one-third of future contributions, this portion is accessible annually. Retirement Component: This consists of two-thirds