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Tax on pension at 53 years old.

Posted 3 November 2015

Sharon said:
3 November 2015 at 9:52

I am 53 years old. I will be resigning at the end of January, and I will still be 53 years old. My pension is 1. 1 million rand. What will I clear after tax, as I want to take it out and not re invest.

TaxTim Marc TaxTim Marc said:
3 November 2015 at 15:02

Please make use of our Lump sum calculator to see the amount of tax you will pay if you withdraw from the fund.

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