Lump Sum

A lump sum payment (as the word describes) refers to a one-off payment of money.

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Programmed Withdrawals

As an RSA holder upon attaining retirement age or age 50 (whichever is later), you can request for the balance.

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Annuity

An annuity is defined as a series of fixed payments paid at regular intervals over the specified period of the annuity.

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VC Withdrawals

A Retirement Savings Account holder with Voluntary Contributions (VC) may also choose to make lump sum withdrawals at any time.

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25% Withdrawal Application

An RSA holder below the age of 50 years may with the approval of the Commission withdraw an amount of money not exceeding 25% of the current balance

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