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Business
How will my provident fund pay-out be taxed?
The tax treatment of your provident fund depends on which portion you're accessing and when you're accessing it.
Read moreGeneral
What is the difference between a provident, pension, RA and preservation fund?
While all these options are retirement funds governed by the Pension Funds Act, each serves a different purpose in your retirement planning journey.
Read morePreservation fund
Should I transfer to a preservation fund or a retirement annuity?
When leaving your job, you might wonder whether to transfer your retirement savings to a Preservation Fund or a Retirement Annuity (RA). These products serve different purposes and have different rules about what money can go where.
Read moreCan I make a withdrawal from my preservation fund before retirement?
The earliest retirement date is usually 55, although this is subject to the fund rules. These issues are important because they determine if you can a) make another withdrawal and b) the tax thereon.
Read moreWhat happens to my retirement fund after I resign?
When you resign from your job, your options depend on whether you have a provident/pension fund or a Retirement Annuity (RA).
Read moreCan I access the balance of my preservation fund before age 55?
Yes, but access rules depend on when you started your preservation fund, thanks to the two-pot system introduced in September 2024.
Read moreRetirement annuity
Can I get my money back if I cancel my retirement annuity?
While you can't "cancel" an RA to get all your money back, there are specific circumstances under which you can access some of your funds.
Read moreWhat are the consequences of canceling my retirement annuity?
Many investors ask about "cancelling" their retirement annuity (RA), often during financial pressure or career changes.
Read moreWhat is the annual growth that can be expected on the10X Retirement Annuity?
The annual growth of your 10X Retirement Annuity (RA) depends on several factors, particularly the fund you choose.
Read moreWhat happens to my retirement annuity when I resign?
Irrespective whether you belonged to a Group RA scheme or took out the retirement annuity yourself, the retirement annuity is a savings product for individuals, registered in your name.
Read moreWhat are the consequences of canceling my retirement annuity?
If you cancel the policy before maturity date (normally in the year you turn 55), the policy will be made "paid-up".
Read moreTwo-pot
I tried doing a withdrawal and something went wrong. Will I pay an administration fee if the withdrawal isn't successful?
No, the administration fee will only be charged on a successful submission.
Read moreIs the administration fee applied before or after tax?
The administration fee is deducted before applying for tax.
Read moreIf you terminate your fund membership and have already made a withdrawal within the tax year, can you make another withdrawal at resignation?
You can make an additional withdrawal in the same tax year only if the balance in the savings component is less than R2 000.
Read moreAre unclaimed benefit members included in the two-pot system?
No, unclaimed benefit members are not included in the two-pot system.
Read moreHow can we 10X Your Future?
Begin your journey to a secure future with 10X Investments. Explore our range of retirement products designed to help you grow your wealth and achieve financial success.