What is a retirement fund?
Understanding how retirement funds, preservation funds and retirement annuities work could be the difference between a comfortable retirement and running out of money. In this series, Megan Chong and Isabella Zagato explain how each fund type works, when to use them, the tax implications of cashing out early and why preserving your retirement savings when you change jobs could be the best financial decision you ever make.
Explained by our expert
About me
Megan specialises in retirement planning and member support, with experience spanning retirement fund consulting, employee benefits and regulatory compliance. She holds a BCom Law degree from the University of Johannesburg, has completed her LLB at UNISA and is a member of the Pension Fund Lawyers Association. Currently working towards a Master’s in Commercial Law with a focus on retirement funds, Megan brings a strong legal foundation to her work — helping SURF members better understand their retirement savings and make informed financial decisions
