_bitesize-retirement-faqs-can-i-take-out-all-my-money-in-one-go.jpg "Bitesize Retirement FAQs: Can I take out all my money in one go? from free car tax check Video Screenshot Preview")
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⏲ Duration: 31 sec
✓ Published: 22-Oct-2018
✓ Published: 22-Oct-2018
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You can now take out all of your pension savings in one go with 25% being tax-free and the rest taxable.nAfter taking your pension out, the money will be yours to do with as you please, but before you spend it all at once think about the long term and whether you’ll need it for retirement; however you may have to pay more tax than if you were to take the money out gradually over time.nBecause of the emergency tax code system; you may end up paying more money in tax straight away– if that sho
You can now take out all of your pension savings in one go with 25% being tax-free and the rest taxable.nAfter taking your pension out, the money will be yours to do with as you please, but before you spend it all at once think about the long term and whether you’ll need it for retirement; however you may have to pay more tax than if you were to take the money out gradually over time.nBecause of the emergency tax code system; you may end up paying more money in tax straight away– if that sho
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