Retirement and pension funds

Understand retirement annuity deductions, withdrawals and retirement lump-sum tax.

• What are the tax implications of withdrawing from my Retirement fund when I resign?

  Estimate tax when withdrawing from vested and savings pots after resigning from a South African retirement fund.

• How much tax will I pay on my retirement lump sum withdrawals?

  Estimate South African tax on a retirement lump sum and understand the retirement benefit tax table.

• Are pension fund contributions tax deductible in South Africa?

  Learn how South African pension and retirement fund contribution deductions work, including percentage and annual limits.

• How to pay less tax on your bonus?

  See how a retirement annuity contribution may reduce taxable income when you receive a bonus, subject to deduction limits.

• Tax deductions of a retirement annuity for different income levels

  Compare retirement annuity tax deductions at different South African income levels using 2026/27 rates.