Tax free portion of pension/provident

andii640

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Join Date: Oct 2017

Posts: 1
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#1

Tax free portion of pension/provident

11-Oct-17, 09:20 AM

I am trying to find out if the R25000 tax free portion of pension/provident fund is withdrawable from each fund or if I only get to withdraw R25000 once in my life irrespective of which fund.
Tags: pensiom, provident, tax
Dave A

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Join Date: May 2006

Posts: 22803
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#2

18-Oct-17, 09:06 AM

A.F.A.I.K. the withdrawals are cumulative. The first withdrawal will be taken into account when you make later withdrawals.

Last edited by Dave A; 18-Oct-17, 10:52 AM.

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