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Get and Sign Sppa Aw8 2015-2022 Form

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Instructions and help about Sppa Aw8

hello and welcome to pensions 101 this is a series designed to help you make sense of pensions my name is Chrissy and today we're looking at early pension release you can take your pension at the age of 55 we've put together a video on how to take your pension please see the description box below you need to meet specific criteria if you wish to take your picture before 55 you may be considered if you have poor health or a serious medical condition if you are terminally ill and have been given less than a year to live you may be able to take your pension as a tax-free lump sum in some cases your pension may have a protected retirement age this details the age that you can start accessing your pension protected retirement dates only apply in professions where early retirement is typical if you don't meet these criteria an early pension release is likely to be considered as unauthorized by HMRC this means you may be charged up to 55 percent in tax on the amount you have taken this high c

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