Tax on withdrawal claims

Tax limits

Only R27 500 is tax-free – over your lifetime

Explained by our expert

About me

Nikita joined Sygnia in 2022 as an investment analyst and currently serves as Portfolio Manager in the Fixed Income team, co-managing a diverse range of strategies including money market, credit and bond portfolios. She holds a Bachelor of Business Science degree in Finance and Accounting from the University of Cape Town and is a CFA Charterholder. Nikita’s analytical approach and market expertise help members understand the key factors that influence the long-term performance of their retirement savings.

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Summary

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Partial withdrawals

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Transfer to preserve

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Tax on multiple pots

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Retirement pot tax

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Savings pot tax