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Can I cash in my AVC's??

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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...;)
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