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Pension contribution refund
meme86
Posts: 116 Forumite
So i was in temp employment for a few months, until last May.
I was on auto enrolment with Nest pensions. I only contributed around £700 whilst there.
I would really like to take this money out, and have it back (i know i would have to pay tax on it), and not transfer it to my current employers pension.
Is this possible? If so, how?
is there a form?
I hate their website layout. very complicated and not really user friendly
I was on auto enrolment with Nest pensions. I only contributed around £700 whilst there.
I would really like to take this money out, and have it back (i know i would have to pay tax on it), and not transfer it to my current employers pension.
Is this possible? If so, how?
is there a form?
I hate their website layout. very complicated and not really user friendly
0
Comments
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Beyond the opt out period you can't withdraw the money until you are 55, your only option now is to transfer it if you don't want it kept in Nest.
0 -
Is this possible? If so, how?1) Reach 55 years of age (unless you were born after 1973 in which case that age may increase.)
2) Have less than 12 months to live
3) Fall victim to a pension liberation scam
Other than that, you're basically stuck with either
a) leaving it where it is
b) opening a SIPP elsewhere and transfer it there (transferring any other ex-employer's pensions into there when you leave them.)
c) transfer into your current employer's scheme.
Basically you can't do what you're wanting to do.Conjugating the verb 'to be":
-o I am humble -o You are attention seeking -o She is Nadine Dorries0
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