No. You're in the driver's seat when it comes to withdrawing your tax-free cash. You can split it up and make as many withdrawals as you like. Plus, using the Cushon app, it's a breeze to do so. Just keep in mind that only 25% of your pension pot is tax-free and it caps at £268,275. For the rest of your pension pot, you'll have to pay taxes when you dip into it. |
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