Moving your old retirement savings into your new employer's fund can simplify your retirement arrangements, but the right comparison is broader than convenience.
Compare these before transferring
- Total administration and investment costs.
- Available investment portfolios and default strategy.
- Whether the receiving fund accepts the transfer and how each component is recorded.
- Access and preservation rules.
- Retirement options and flexibility.
- Beneficiary and death-benefit processes.
Also compare preservation
A preservation fund may provide different investment choice and portability. Your old fund may also offer a paid-up option. The objective is to compare the available structures rather than transferring automatically because you changed employers.
Read preservation fund vs retirement annuity, our transfer guide and changing jobs guide.
Primary sources
For material tax and Two-Pot decisions, check the current rules directly with SARS and your retirement fund. Useful official sources include SARS retirement lump-sum tax tables and SARS Two-Pot guidance.
Before you submit a withdrawal or transfer instruction
Get a free review of the options you are considering. If personalised assistance is appropriate, your enquiry may be referred to an appropriately authorised financial adviser/FSP.
Request a free retirement-fund review