“Alternatively, you may want to save into different savings vehicles such as ISAs so that you can draw on that before you reach an age when you can get access to the state pension. The most ...
This Is Money on MSN22d
I put my state pension on hold and I'm owed £40,000 - how do I 're-retire'? STEVE WEBB repliesI was born in 1949 and when I reached retirement age at 65 I started to draw my state pension. After a few years I realised I could 'de-retire' which I did several years ago.
The age at which you start to draw your state pension is currently 66. There used to be a separate state pension age for women and for men, however the 1995 Pension Act legislated for the age to ...
For people such as you, who started paying PRSI later in life and just about met the 10-year rule, it meant you would get a full State pension. For someone drawing down the pension at 67 ...
resulting in large tax bills for many pensioners depending on how much they were drawing from their pensions”. The new state pension is currently worth £221.20 a week (£11,502.40 a year).
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