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Cashing in my pension
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Sharron1959
Posts: 1 Newbie
Hi everyone I'm new to this,
I'm 54 (55 in November) and I want to cash in the rest of my pension
I had to stop working in 2008 due to ill health
Can I cash in once I get to 55 I did have a small lump sum and I have a monthly payment each month
Thank you
I'm 54 (55 in November) and I want to cash in the rest of my pension
I had to stop working in 2008 due to ill health
Can I cash in once I get to 55 I did have a small lump sum and I have a monthly payment each month
Thank you
0
Comments
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If you are receiving a monthly payment is this a final salary scheme? Otherwise how are you getting payments before you are 55? Have you been receiving this since you stopped working because of ill health?0
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It isn't clear if you have already commenced your pension (be it DC or DB).
If you have, then no the new rules offer nothing for you.0
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