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Lump Sum

Lump sum refers to a one time part payment.

Attaining the age of retirement, every RSA holder is entitled to a lump sum withdrawal provided the amount left in the RSA after withdrawal of the lump sum, is sufficient to purchase annuity or fund programmed withdrawals that would produce an amount which is not less than 50% of the RSA holders total annual remuneration at the date of retirement.

Find how much u are entitled to at retirement RSA Calculator

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