FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Early Pension Withdrawal payout time period?

Posted 7 August 2015

TT says:
7 August 2015 at 11:53

Hi! I would like to resign and will be withdrawing my pension as a lump sum. My contribution plus the companies plus interest, currently stands at around R190 000. I'd like to know, how long will this take to pay out (I'm resigning on August 20)?

TaxTim TaxTim says:
7 August 2015 at 19:16

You would need to speak to the fund to see what their processes are for payout to determine the time it will take.

This entry was posted in Tax Q&A and tagged , , . Bookmark the permalink.




Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.