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Personal Pension Plan Tax Free cash payout

  • 13-02-2019 12:11pm
    #1
    Registered Users, Registered Users 2 Posts: 64 ✭✭


    A friend has 3 paid up pension plans with a combined value of around €300K. These belonged to her ex husband and were assigned to her by means of an Attachment Order during divorce proceedings. All 3 have matured and she is aware she can take 25% of each tax free at any time. She needs to cash one of these now representing around 35% of the combined values and is wondering if there is any way she can get most of this tax free by assigning the tax liability to the remaining un-cashed policies. Any advice appreciated.


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