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Can you take money out a pension before retirement date?
oliel
Posts: 253 Forumite
Hi I have an old pension that I had pretty much forgotten about its current value is about £10k. Am I able to get money out of it early? Its aegon tsp buyout plan (from a former employment). The retirement age on it is dated 2032.
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Comments
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How old are you in 2032?0
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I will be 60
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There are several considerations here, so your best bet by far is to contact the people administering the policy and ask them. Unless you have what is known as a 'protected pension age' you won't be able to access the benefits until you reach age 57 (the minimum age is currently 55, but will rise to 57 on 6 April 2028).oliel said:I will be 60 Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!1
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