Maximum amount an RA can be, to qualify for a single payment?

By Marc Sevitz · Updated 17 February 2014

I seem to remember that the maximum cash single amount (R75,000) that can qualify to be taken on retirement of an RA is to be increased to R150,000.

TaxTim Marc said:
18 February 2014 at 10:18

If you are referring to the lump sum portion of the RA after retirement then you may take 1/3 as a lump sum and the remaining portion as an annuity.