Can I cash in my AVC's?? 28 September 2007 at 7:53AM edited 30 November -1 at 1:00AM in Pensions, Annuities & Retirement Planning 2 replies 4.2K views

jimmystoba

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.

robnye

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

EdInvestor

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.