Hi guys,
just a question on behalf of my mother.
She has recently received details of a small BOI Retirement Bond from an old workplace. The value of it as of a few months ago was €7,600. Projected policy value at age 60 (2019) is €9,000.
If she was to cash it now would she receive the full €7,600? Are there any other advantages/disadvantages to cashing out now?
EDIT: The policy did state: "There are no early encashment charges."
Would be very grateful of your help on this.
just a question on behalf of my mother.
She has recently received details of a small BOI Retirement Bond from an old workplace. The value of it as of a few months ago was €7,600. Projected policy value at age 60 (2019) is €9,000.
If she was to cash it now would she receive the full €7,600? Are there any other advantages/disadvantages to cashing out now?
EDIT: The policy did state: "There are no early encashment charges."
Would be very grateful of your help on this.