If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Lump sum query

sprocket123 · 2023-02-18 19:02:54

I have 4 personal DC pensions taken out over the last 30+ years with a current value of approx 400k . I am 54 and would like to take out 100k lump sum and leave the remainder in the pensions as is . Is this allowed?

Options

18-02-2023 8:02pm

#1

sprocket123

Registered Users Posts: 124 ✭✭

Join Date: February 2023

Posts: 123

I have 4 personal DC pensions taken out over the last 30+ years with a current value of approx 400k . I am 54 and would like to take out 100k lump sum and leave the remainder in the pensions as is . Is this allowed?

0

Comments

Options
#2 20-02-2023 8:30am
[Deleted User]
Posts: 281 ✭✭

Join Date: -

Posts: 281

Yes, but you'd be leaving the balance in a (post-retirement) ARF as you'd have to mature the 4 pre-retirement plans.

GSheehy.

1