Depends on the type of pension you have, and whether your life expectancy is <12months or if you're permanently incapacitated.Hi
Is it the case that you can withdraw 25% of the pension fund if you are seriously ill (or the other 75% for that matter?). Or are there any similar restrictions to doing this?
Thanks
You have to be aged over 50 and have left the employment the pension related to (or be out of all employment for a PRSA) to cash in 25%. The balance can then be cashed in, taxed as PAYE.Thanks, so must you have one of these to be able to cash in 25% or 100% at 50?. Or can it be done without one of these?
Yes until you hit 61 at which point you will need to draw down 4%Hi Thanks for replies.
Am I right in thinking with ARF I can withdraw say 10% if I wanted say a year or 2 after I set it up. Although I know maybe more money in it the longer it invested. and less tax paid.
There are loads of free advice pension providers on line any one experience of any?
do you have a pension with your current employer? can you transfer the other 75% into that?
Nodo you have a pension with your current employer? can you transfer the other 75% into that?
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