Before you withdraw, see the real cost.
Estimate the SARS tax on a Two-Pot savings-component withdrawal, what you actually receive, and what the same money could have grown into if left invested.
Inputs
Two-Pot withdrawal estimate
Withdrawals from the Savings Component are added to taxable income and taxed at your marginal rate. SARS may also offset any outstanding tax debt against your payout.
Outstanding SARS debt
SARS will offset any unpaid tax debt against your Two-Pot withdrawal before it is paid out. Mark this if you have an arrears amount.
Two-Pot Retirement Calculator South Africa
South Africa's Two-Pot retirement system allows limited access to part of your retirement savings. Before you draw, understand the tax cost, the long-term opportunity cost, and what is left invested for retirement.
Frequently asked questions.
What is the Two-Pot retirement system?
From September 2024, retirement savings are split into a Savings Component (one third of new contributions) and a Retirement Component (two thirds). The Savings Component allows limited access to funds before retirement, taxed at your marginal rate.
How is the withdrawal taxed?
Two-Pot Savings withdrawals are added to your taxable income and taxed at your marginal rate — not at the more favourable retirement lump-sum tables.
Should I withdraw?
Only if it is genuinely necessary. Withdrawing reduces your retirement capital significantly because you lose decades of compounding. Speak to an advisor before withdrawing.
Related calculators and services.
Numbers are a start. Advice is the next step.
Lebon Consulting (FSP No. 52013) helps clients turn calculator outputs into properly structured insurance, retirement and investment decisions — on the record.