golfseven Posted February 14, 2011 Share Posted February 14, 2011 I have a small pension from a previous employer, and would like to cash it in, or take it early, and carry on working, can anybody tell me if this is possible, or where I could get some advice Many Thanks, Ernie Link to comment Share on other sites More sharing options...
Darth Vader Posted February 14, 2011 Share Posted February 14, 2011 It should be. There are companies that 'buy' pensions from you too, aren't they? Link to comment Share on other sites More sharing options...
andyofborg Posted February 14, 2011 Share Posted February 14, 2011 you need to speak to a real financial advisor. however, you cannot cash in a pension, nor can you usually draw it before you are at least 50 drawing a pension early usually means you get a very reduced pension, it depends on the type of the pension and what you mean by small and early. Link to comment Share on other sites More sharing options...
Andy Posted February 14, 2011 Share Posted February 14, 2011 I believe the age limit has increased to 55 now, or is going to in the near future. Link to comment Share on other sites More sharing options...
laineyiow Posted February 14, 2011 Share Posted February 14, 2011 I was made redundant and took early retirement from my previous job at 53 and get a pension and work part-time. Link to comment Share on other sites More sharing options...
Lucifer Posted February 15, 2011 Share Posted February 15, 2011 I have a small pension from a previous employer, and would like to cash it in, or take it early, and carry on working, can anybody tell me if this is possible, or where I could get some advice Many Thanks, Ernie Check with the pension fund, small amounts can be released as a one off payment. Link to comment Share on other sites More sharing options...
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