Steptoe and Son | The Official Home of the Steptoe and Son Appreciation Society | A Tribute to Wilfrid Brambell, Harry H, Corbet
Description: Best Pension Annuities offers quotes and advice on Pension Annuities, Enhanced Annuity, Income Drawdown. We also offer advice on how to Release a Pension Lump Sum, Tax Free Cash, and more.
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All of your pension fund savings are used to take both Tax Free Cash and an income which is guaranteed for life. This is known as a pension annuity . You can add additional features to suit your lifestyle, such as an income for your partner.
Most pension plans let you take a Tax Free Pension Lump Sum as well as an income.
Some people could make use of this tax free cash before they retire. If you are aged over 55 it should be possible to take the tax free cash element of your pension , and leave the rest invested until later even if your pension provider says no !
Steptoe and Son | The Official Home of the Steptoe and Son Appreciation Society | A Tribute to Wilfrid Brambell, Harry H, Corbet