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Two-pot withdrawal: what might you receive?

Estimate income tax on a savings-component withdrawal, eligibility, and the illustrative future value you could give up. Uses SARS annual-payment / bonus mechanics and Libevyn’s South African rules. No bank passwords.

Educational estimate only — not a SARS directive, assessment, or a recommendation to withdraw or leave the money invested.

Withdrawal

Amount to withdraw (R) Statutory minimum is usually R2,000 unless membership is terminating. Available savings-component balance (R) Use the savings-component value from your fund statement, not one-third of the total. Estimated taxable income this tax year (R) Before this withdrawal. Used for the SARS annual-payment / bonus tax method. Date of birth Age rebates affect the tax estimate.

Eligibility and flexibility

Fund type Already withdrawn from this fund or policy this tax year?

Fund membership is terminating (resignation, transfer, or similar) SARS tax debt is unknown Optional alternative funding amount (R) Compare “use another source” against withdrawing from the savings pot.

Future value assumptions

Horizon (years) Expected nominal return Percent. Default 8. Inflation Percent. Default 5.

Results

Gross withdrawal

Estimated tax

Estimated amount received

Eligibility

Income-tax estimate

SARS treats a savings-component withdrawal as normal income using the annual-payment / bonus method, including age rebates. The R550,000 retirement lump-sum threshold does not apply.

Taxable income before withdrawal: -
Taxable income after withdrawal: -
Effective tax on this withdrawal: -
Marginal rate after withdrawal: -
Net before known SARS debt: -
Known SARS debt deducted: -
Remaining savings component: -
Statutory minimum: -

Compare options

Option	Gross from savings pot	Estimated tax	Cash now	Savings pot left

Want this against your real RA and pension balances?

Libevyn tracks retirement accounts, shows the two-pot savings bucket on your FIRE path, and lets you reopen this estimate when your numbers change — without retyping income and fund details each time.

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Why use Libevyn after this calculator?

Keep fund balances and income context in one place, see accessible vs locked retirement wealth on your path to FIRE, and come back to the same decision with updated numbers.

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Disclaimer

This calculator provides educational estimates for information only. It is not financial, tax, or investment advice, and it does not tell you to withdraw or leave money invested. Results depend on the figures you enter and on South African tax rules as configured in Libevyn; they are not SARS-verified. A fund tax directive may withhold a different amount, SARS tax debt can reduce cash paid, and the R550,000 retirement lump-sum threshold does not apply to a savings-component withdrawal. Fund frequency rules and administration may differ. Consider professional advice before acting.