Two-Pot Withdrawal Calculator
Two-Pot Withdrawal Tax Calculator
See the tax on a two-pot savings withdrawal before you apply, based on your salary and the 2026/27 tax tables.
How it works: A savings-pot withdrawal is added to your taxable income for the year and taxed at your marginal rate. It is not taxed on the retirement lump sum tables. Your fund gets a tax directive from SARS and deducts the tax before paying you. If the directive rate was too low, the balance shows up on your annual assessment.
Frequently asked questions
How often can I withdraw?
Once per tax year, with a minimum of R2 000.
Why did SARS take more tax than I expected?
Your whole withdrawal is taxed at your top rate. Other income or a low directive rate can mean extra tax on assessment.