You can release cash from your pension, but there is a host of other options available also. Pension Services is here to help you discover the different types of release options that are available to you. Each option will be presented to you dependent on your situation or criteria, and in many cases it is possible to release a cash lump sum. Contact our pension release team today and we can talk through the process. When you retire you are given a fixed sum of money that is paid on a regular basis, and this is your pension. There are several types of pensions that you may choose from when you set up a retirement pension plan. Pension plans can include defined benefits, defined contributions, and other pension plans that are paid to you once you have retired.
By contacting pension services we can help you to:
How much cash can you release via our unique service ? Contact us today and we can tell how much cash you can release, and what exactly are your options ?
Early pension release is when money is taken out of your pension plan before you retire. You never know when you may have to take funds out of your pension, and you may not plan to take any funds from your pension until you retire, but then you find yourself in a financial crisis… So using a personal pension to help withdraw money from your pension may be your best bet, as well as a good option for you. There are many ways in which you can withdraw money from your pension, some methods are legal and some are not illegal – so it is very important to know what you can and cannot do! We can help you with that and explain the options to you in more detail. If are older than 55 then you can legally take money from your personal pension fund. However, if you are under 55 and you need to take a cash lump sum then there maybe a strict criteria that you will have to meet in order to achieve that. We have a range of options that will allow you to possibly withdraw or release your pension fund. Contact us today for further help. If releasing cash from your pension is something you want to do then contact our early pension release team today, you can talk to us about various ‘early pension release’ options, and see which one is more suited to you.
There are a lot of things to consider when it comes to your pension, especially if you are under the age of 55, maybe you are thinking about withdrawing your pension fund before you have retired. If you are seriously considering your options then there are plenty of things that you should consider, and you should also make sure that you are following the rules so that you have done everything legally. Pension release allows you to take out some of your pension funds from your pension pot.
Some things you should bear in mind include the following points:
1). We can help you to release your pension via our unique pension service. You can take a certain % out of your pension pot as a tax-free lump sum. With this option you can use the rest to buy an annuity or to provide an income directly from your pension fund. There are also other options available to you and we can talk to you about this. Simply fill in the pension release form on the right hand side to get started!
2) Each option will be dependent on your current circumstances, your pension pot value and other factors that will need to be discussed. We are more than happy to discuss these options with you.
If you would like to talk through your pension options with a professional pension review consultant then please feel free to contact us on the phone number above or via our contact form.
Contact our team using the phone number above or simply fill in the form to get started today!
Some companies are singling out pension savers and making claims that they can help cash in your pension. If you agree to this you could face a tax bill of more than half your pension savings. Beware of scams! Talk to us today!