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can I cash in a pension if I am under 55
Renwick1
Posts: 13 Forumite
Hi,
I am 33 and have 3 private pensions, one with a company I left, I which me and my husband have and is active and also one with my current company where I contribute 8% and this is matched by 15% which is great. I am on maternity leave and sorting out all my finances and wondered if I could unlock the £5600 in the pension I had with my old company. I no longer pay in to it but am concerned that the values of pensions are dropping. So so so confused......
I am 33 and have 3 private pensions, one with a company I left, I which me and my husband have and is active and also one with my current company where I contribute 8% and this is matched by 15% which is great. I am on maternity leave and sorting out all my finances and wondered if I could unlock the £5600 in the pension I had with my old company. I no longer pay in to it but am concerned that the values of pensions are dropping. So so so confused......
0
Comments
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no, you can't withdraw money until you're 550
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Thanks - thought it was a long shot! Never mind - will jut have to withdraw savings to pay for the increasing list of expensive goods!!!0
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