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25% tax free at 55

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  • sammyjammy
    sammyjammy Posts: 7,959 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 6 February at 3:06PM
    What do you mean by 25% of SERPS? SERPS is part of the state pension and you cannot take 25% of it.
    "You've been reading SOS when it's just your clock reading 5:05 "
  • sammyjammy
    sammyjammy Posts: 7,959 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 6 February at 3:06PM
    Duplicate post 

    25% tax free at 55 — MoneySavingExpert Forum
    "You've been reading SOS when it's just your clock reading 5:05 "
  • penners324
    penners324 Posts: 3,516 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 6 February at 8:19AM
    There is no pot with state pension and SERPS is part of state pension.

    These other answers assume your taking 25% of private pension.
  • penners324
    penners324 Posts: 3,516 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    molerat said:
    I think this is more about benefits than pensions.  Reported to be moved.
    It looks like a misunderstanding of pensions or state pension.

    Until the OP clarifies what they mean no one can advise properly 
  • MSE_ForumTeam5
    MSE_ForumTeam5 Posts: 1,279 Community Admin
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    We've merged two threads
    Official MSE Forum Team member. Please use the 'report' button to alert us to problem posts, or email forumteam@moneysavingexpert.com
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