FAQ
How much tax will I pay on my resignation benefit?
I am planning to resign at the end of July after 19 years of service. How much tax will i pay on my resignation benefit of R823000. I have 3 years of service prior to 1998. I understand that those 3 years will be non taxable. Can you please assist Thank You
How do I obtain my Old Mutual policy document?
I HAVE A RETIREMENTANNUITY WITH OLD MUTUAL BUT I DONT HAVE A CONTRACT BOOK WHAT CAN I DO TO RECIEVE MY CONTRACT BOOK
Can I get a loan from Sanlam while waiting for them to pay my pension?
If I get fired, can I get a loan from sanlam while waiting for sanlam to pay my pension
Does SA tax law permit early retirement due to retrenchment?
Telkom Retirement Fund (TRF) rules state that I can, with approval from Telkom, go on early retirement between 50 and 55. If, due to retrenchments, I am forced to go on early retirement at 51 I assume I can transfer my money from the TRF to a living annuity. If I can do this then will I immediately start getting a monthly income out of it or will my money lie in wait until I am 55 before I can draw a monthly income?
How much will I receive monthly from my living annuity?
I transferred my previous pension to a retirement annuity and the current value of my retirement annuity is R 1,9m and I am contributing R1000 pm. I am 55 years old and after working in West Africa for the past year, earning an income in US dollars, the company went bankrupt and I am currently unemployed. The ideal scenario would be not to take the one-third in cash from my retirement annuity now, but my savings have run out as I have not been able to find employment since returning the end of January and this seems...
