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

Posted 17 February 2014 under Tax Questions



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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.

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TaxTimTaxTim says:
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.


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