We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Can I cash in my AVC's??

Hi to all.

Hello to everyone at the forum. This is my first post.
My question is about my AVC's, can I withdraw them before retirement? I'm in a bit of a financial pickle at the moment and the cash in there would probably get me out of it.

Many thanks in advance,
Jimmy.

Comments

  • robnye
    robnye Posts: 5,411 Forumite
    Part of the Furniture Combo Breaker
    in short - no you cant draw from your avcs until retirement

    others who know more will confirm this as i went throught the same loop a coupl eof years ago
    smile --- it makes people wonder what you are up to.... ;) :cool:
  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    Once you are over 50 you can get 25% out of pensions and avcs, but taking a company pension early may be a very bad idea.
    Trying to keep it simple...;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.