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Pension Cash in

  • 13-08-2018 10:52pm
    #1
    thegrizz
    Registered Users Posts: 4 ✭


    Hi just looking for a bit of advice I have a pension of approx the 15k built up over the last 3 years where half is put in by my employer. Im 39 and was looking to know is it possible to cash this in to pay off some bebts if so approx how much in taxes and charges may I be liable for.


Comments

  • #2
    G_R
    Moderators, Education Moderators Posts: 5,028 Mod ✭✭✭✭G_R


    thegrizz wrote: »
    Hi just looking for a bit of advice I have a pension of approx the 15k built up over the last 3 years where half is put in by my employer. Im 39 and was looking to know is it possible to cash this in to pay off some bebts if so approx how much in taxes and charges may I be liable for.

    Afraid not, you can only cash it in in the first 2 years and you would lose your employers contributions. It's in there now until retirement age.


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