What is Programmed Withdrawal? Think of Programmed Withdrawal (PW) as receiving a regular monthly or quarterly “salary” directly from your RSA, which remains with us at Parthian Pensions. We continue to manage and invest your funds on your behalf, aiming to keep them growing even as you draw from them.

How It Works:

• Your RSA Stays with Us: Your remaining RSA balance continues to be managed by our expert fund managers in the conservative Fund IV (Retiree Fund).
• Regular Payments: We calculate your expected lifespan and RSA balance to determine a monthly/quarterly payment amount.
• Potential for Growth: Because your funds remain invested, they have the potential to keep growing, which could lead to an increase in your periodic payments over time.
• Payments Until Funds are Exhausted: You receive payments until the balance in your RSA is depleted.

Key Features of Programmed Withdrawal:

• Managed by Parthian Pensions: Your funds remain with a trusted PFA.
• Investment Growth Potential: Your capital continues to be invested.
• Inheritance: If you pass away, any remaining balance in your RSA is paid to your named beneficiary.
• Flexibility: You have the option to switch to an Annuity plan later (typically once a year).