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  • Meb001 Fundsatwork Umbrella Funds Withdrawal Form Pdf

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Trator s email address Administrator s contact number Title 4. Initial/s First name Surname Relationship Yes RSA ID No Identity/ Passport number Passport country of origin Telephone Cellphone number % Share % Address Yes No Is there an existing trust for this Yes beneficiary? If yes, please provide the following details: No Dependant Name of the trust Full names of administrator Administrator s email address Administrator s contact number Title 5. Initial/s First name.

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You are allowed a full or partial withdrawal from your 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.

Retirement Annuity Option Grow your retirement money while benefiting from tax incentives. From R50 000 lump sum; from R1 000 per month. Access your benefits from age 55. Deduct the money you invest from tax.

Normal retirement When the member reaches the age of 55, he may access his retirement benefit. A member of the Momentum Retirement Annuity Fund and the Momentum Pension Preservation Fund may only take one third of his retirement benefit in a lump sum; the rest of the benefit must be used to buy an annuity (a pension).

It is not possible to cash in a retirement annuity before age 55, other than on the basis of (proven) disability and formal emigration. Even cashing in at age 55, you will be required to use at least two-thirds to purchase an annuity that will pay you a pension for life.

Completed form together with supporting documents to be faxed to 012 675 3970 or emailed to clientcontactcentre@momentum.co.za. Note We recommend that you contact your financial adviser before you make any changes to your product option, benefits and beneficiaries.

Clear copy of identity document (identity document, passport or both sides of card driver's license) for the policyholder/investment owner. 3. Proof of banking details – cancelled cheque or complete bank statement, not older than three months.

Full withdrawals before retirement You can make a full withdrawal from the Umbrella Retirement Fund or the Preservation Fund, if you transfer before retirement age. These will be subject to the withdrawal tax table.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232