Retirement Planning
RA Tax Benefit Calculator
Use this calculator to estimate how retirement annuity contributions can reduce current tax, affect take-home income, and build long-term retirement capital under current South African tax rules.
Uses current SARS 2026/27 tax tables and the current retirement-fund deduction cap as planning assumptions.
Estimated Result
Estimated RA value by age 0
R 0
With Retirement Annuity
Tax-efficient saving
Without Retirement Annuity
More take-home now
Important Assumptions
- Uses SARS 2026/27 individual tax tables and primary age-based rebates as a planning assumption.
- Retirement fund deductions are limited to 27.5% of remuneration or taxable income, subject to the current annual cap of R430,000.
- Salary and monthly contribution are assumed to stay constant until retirement unless you change the inputs.
- Projection excludes fees, inflation, salary growth, fund-specific tax treatment at retirement, and future legislative changes.
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Calculator FAQ
Questions people usually have before using this calculator
How much of an RA contribution is tax deductible in South Africa?
Retirement fund contributions are generally deductible up to 27.5% of remuneration or taxable income, subject to the current annual cap used in this calculator.
Does an RA always reduce tax immediately?
It can reduce current tax if your contribution falls within the deductible limits, but the exact benefit depends on your income level and contribution amount.