Published On: Sun, Aug 11th, 2024

Claim pension two years early with no tax charge thanks to little-know | Personal Finance | Finance


Thousands of people in the UK could be able to claim their pension early with no tax charge thanks to a little known rule.

Usually, UK workers are not allowed to claim or start making any withdrawals from their workplace pension until they reach the age of 55, increasing to 57 in 2028.

This is different to the state pension from the government, which hands out £221 a week to people when they hit state pension age, which is currently 66 but will rise to 67 in 2028.

Workplace pensions are built…



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