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Will I be required to take one third of my pension fund if I resign in June 2015. Turning55 in Sept

Posted 19 January 2016 under Tax Questions



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Lindiwe says:
19 January 2016 at 9:03

I am on an pension fund and was planning to resign in June before I turn 55years in September 2016 so I could get all my pension fund and not get one third. With the new laws will I still be able to take all my contributions or I will be required to take one third only?

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TaxTimTaxTim says:
19 January 2016 at 22:18

You will still be able to take all of your contributions prior to retirement age. The new laws do not affect withdrawal limits prior to age 55.


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