Question:
My pension fund is with 10X. I want to find out whether I will be able to withdraw my pension fund if I am fired from my job?
Answer:
Lungisa, If you are fired, you will be allowed to withdraw from your pension fund, and claim your fund credit as a cash lump sum. You will be taxed on this withdrawal, per the withdrawal lump sum tax table.
The information and answers supplied in this section do not constitute advice as defined by the Financial Advisory and Intermediary Services Act, 37 of 2002.
