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Can I cash out my entire pension?

Joshua Elsjan of Wipper
Joshua Elsjan of Wipper
2025-12-03 07:34:48
Count answers : 8
0
You can usually take up to 25% of the amount built up in any pension as a tax-free lump sum. The most you can take is £268,275. You’ll then have 6 months to start taking the remaining 75%, which you’ll usually pay tax on. The options you have for taking the rest of your pension pot include: taking all or some of it as cash Withdraw cash from your pension pot You may be able to take cash directly from your pension pot. You could: withdraw your whole pension pot withdraw smaller cash sums