How much pension can I take at 55?

When you turn 55, you’ll be able to access your pension pot, unless there are special circumstances where you can access it earlier, such as being in ill health. You’ll be able to access 25% of your pension pot tax-free. Any amount you take after this limit will be subject to income tax.

You don’t have to access your pension pot at 55, rather, you can leave your pot untouched to continue to grow for when you need it more.

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