If you are planning for your pension then what you may not be aware of is your entitlement to obtain tax free cash. As a rule, the amount of pension pot you accrue over your years of paying into a fund, you'll be able to take 25% of the entire amount when you reach the age of retirement as a tax free lump sum. As you can imagine, if you have saved up a pension over the years then 25% of the full amount is a fantastic percentage!
You can use the 25% tax free lump sum however you wish. You could use it to make a significant change to your financial circumstance thereby making the transition into retirement as smooth as possible.
Here at Best Pension Annuity, we are here to help you with the releasing of your pension lump sum. We'll provide you with the options that in our opinion, from our years of experience will add benefit to you. We want to help make sure that entering retirement is hassle free for you!
For more information, please call our team on 020 33 55 4287. We look forward to hearing from you and helping provide you information with how to obtain tax free cash.