P Pquest New Member Messages 3 29 Sep 2022 #1 I have a Personal Retirement Bond and a company pension with company that I have just finished up with ( I was a director of that company) I have a business opportunity that I would like to access capital for… do I have any options for cashing out either of those policies? I am 42.
I have a Personal Retirement Bond and a company pension with company that I have just finished up with ( I was a director of that company) I have a business opportunity that I would like to access capital for… do I have any options for cashing out either of those policies? I am 42.
L LDFerguson Registered User Messages 4,816 29 Sep 2022 #2 Assuming that you're in good health, the earliest you can retire either is age 50. Regards, Liam www.FergA.com
Assuming that you're in good health, the earliest you can retire either is age 50. Regards, Liam www.FergA.com
P Pquest New Member Messages 3 29 Sep 2022 #3 Thanks Liam, not sure if it makes a difference. I am not looking to retire… just looking to access the funds to use as capital.
Thanks Liam, not sure if it makes a difference. I am not looking to retire… just looking to access the funds to use as capital.
L LDFerguson Registered User Messages 4,816 29 Sep 2022 #4 Pquest said: Thanks Liam, not sure if it makes a difference. I am not looking to retire… just looking to access the funds to use as capital. Click to expand... Sorry - force of habit using the jargon - in this context, accessing money from your pension plans is known as retiring the plans. It doesn't mean retiring from work.
Pquest said: Thanks Liam, not sure if it makes a difference. I am not looking to retire… just looking to access the funds to use as capital. Click to expand... Sorry - force of habit using the jargon - in this context, accessing money from your pension plans is known as retiring the plans. It doesn't mean retiring from work.