Author Topic: Take care if you are taking pensions early.  (Read 84 times)

brian54

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Take care if you are taking pensions early.
« on: Jan 11, 2018, 03:46:02 PM »
A man I know is being made redundant. He had been given pension figures assuming he is taking his pension from 1st February. His 60th birthday is  May 1st.
I asked him to get a quote for being paid from May 1st and the pension offer is nearly 800 per year more if he waits till 1st May. His redundancy money will cover him till May.
It is a lot of difference and he is glad I intervened.

minniemouse

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Re: Take care if you are taking pensions early.
« Reply #1 on: Jan 11, 2018, 05:24:03 PM »
Good on ya Brian, I hope he bought you a drink. ;)

Ashy

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Re: Take care if you are taking pensions early.
« Reply #2 on: Jan 11, 2018, 05:55:32 PM »
So long as that's within the rules then well done.
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