Tax on pension at 53 years old.

By Marc Sevitz · Updated

Sharon

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.