There are multiple benefits to being able to release your pension funds earlier than you anticipated. Benefits including things like financial freedom, no credit checks, no medical checks, no fees for setting up, no membership fees, no age limits and no interest on any payments! Wow! Sounds great huh?
Let’s see what else there is to learn!
Opting to participate in a pension release can be a difficult decision to make, so be sure that you have the assistance of a qualified financial professional in order to go over all of the sections necessary to make sure that you are fully informed about your options. Most inquiries for this type of service are generally answered with a week if not sooner, and there are multiple advisors available who will research your existing pension in order to gather any information needed to proceed with your paperwork.
Once you qualify for a pension release, you will be able to release up to the maximum tax-free amount allowable and in some cases, even 100% of the fund.
Free information is available to anyone who is between the ages of 20 and 55. You’re also not allowed to draw from a pension that you’re already receiving benefits from, however, you may qualify to remove funds from any frozen pensions that you may have from past employment. Initiating a pension release is not an easy process, but it doesn’t have to be difficult either. Making sure you acquire the assistance of an experienced financial advisor will help make sure that your release goes as planned and that it is properly prepared.
If you are disappointed with the returns you’re receiving on your current pension, or you feel that it’s not keeping up with the current cost of living increases, you may consider contacting a financial professional today in order to discuss your options for pension release.
Anyone who qualifies for an early pension release can receive up to 25% absolutely tax-free, which is a great incentive to get as much information as you can on the benefits that such a release could hold for you. After the first 25% has been removed, you do have the option to remove more, but you should be aware that there are some tax fees associated with additional withdrawals and in some cases a huge 55% tax penalty.
If you’re interested in learning more about pension release funds or you’re ready to qualify, feel free to contact us today at (your email) or inquire at (your phone). With access to these funds that you would not normally be able to use, you can help bring yourself out of a financial crisis in addition to rearranging some of your schemes and investment options. Having a financial advisor review your information prior to submission, we can help ensure that you are approved for pension funds removal. Our team is comprised of highly trained, professional and experienced individuals who are excellent at preparing your documents for review. Don’t miss out on the opportunity to release your pension early today!