South Africa's fastest Two-Pot withdrawal & tax calculator
Enter your fund value, income and withdrawal amount to see your exact SARS marginal tax, fund admin fees and the real net cash you'll receive — in under two seconds. No sign-up, no spam, completely free.
- Accurate SARS marginal tax — not a flat-rate estimate
- Models the R30,000 seeding cap and R2,000 minimum
- Shows the long-term cost to your retirement nest egg
Two-Pot Withdrawal Calculator
See your exact net payout after SARS marginal tax and fund admin fees.
Estimated available Savings Component (seeded): R 30 000 (10% of value, capped at R 30 000).
Your salary before the withdrawal. SARS adds the withdrawal on top of this to set your marginal rate.
Most administrators charge a once-off fee per claim. Default R 250.
Estimated net cash in your pocket
R 10 850
from a R 15 000 gross withdrawal
- Gross withdrawal
- R 15 000
- SARS tax deductedEffective 26.0% on this withdrawal
- – R 3 900
- Fund admin fee
- – R 250
- Net cash payout
- R 10 850
- Balance left to growStays invested in your Savings Component
- R 15 000
Assumptions: Tax is estimated by adding your gross withdrawal to your annual income and applying SARS 2026/27 marginal brackets. Rebates, medical credits and IT88 directives for outstanding debt are not modelled. This is an estimate, not tax advice.
SARS 2026/27 brackets
Every calculation uses the current SARS Personal Income Tax tables — no flat-rate shortcuts.
No sign-up required
Run unlimited calculations instantly. We never ask for your ID, fund number or banking details.
Private by design
All maths runs locally in your browser. Your fund values never leave your device.
Two-Pot specialised
Purpose-built for the Savings, Retirement and Vested component rules effective 1 September 2024.
Go deeper on the Two-Pot system
Specialised calculators and expert guides covering every decision in the new two-pot retirement framework.
Retirement Impact Calculator
See the long-term compound cost of withdrawing today — often several times the amount you take out.
OpenFuture Value Calculator
Project how your contributions divide between the Savings (1/3) and Retirement (2/3) components over time.
OpenPension Projection Calculator
Convert your projected retirement capital into an estimated sustainable monthly income.
OpenWhat is the Two-Pot System?
A plain-English breakdown of the Vested, Savings and Retirement components effective 1 September 2024.
OpenTax Implications Explained
Why withdrawals are taxed at your marginal rate — not the lump-sum tables — and how IT88 debt orders apply.
OpenWithdrawal Rules & Limits
Minimum R2,000, one withdrawal per tax year, seeding caps and the exclusions you need to know.
OpenHow the Two-Pot retirement system works
From 1 September 2024, every contribution to a South African pension fund, provident fund or retirement annuity (RA) is split into two pots. One-third flows into your Savings Component, which you may access once per tax year before retirement. The remaining two-thirds is locked into your Retirement Component, preserved until you retire to ensure you build a meaningful income for later life. Any money you had accumulated before the reform sits in a protected Vested Component under the old rules.
The single most misunderstood part of the system is tax. A pre-retirement withdrawal from your Savings Component is added to your annual taxable income and taxed at your marginal rate — it does not use the gentle retirement lump-sum tables. That means a withdrawal can push you into a higher bracket and cost far more tax than members expect. SARS can also intercept the withdrawal via an IT88 directive if you have outstanding tax debt. Our calculator models this precisely so there are no surprises.
Use the calculator above for an instant net-payout figure, then explore the retirement impact calculator to understand the long-term cost, or read our tax implications guide for the full detail.
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