Crosswords1 min ago
axa
4 Answers
I have �6oo frozen in an axa insurance /pension which stopped when I finished working to have baby can I GET MY MONEY?axa pensions
axa insurance
axa insurance
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.If it's an employer's pension you may be able to get your money back if you've paid less than 2 years' contributions- ask the employer if this is the case.
There is a reason why mpension money can't be cashed in before age 50. The government encourages everyone to save for pensions to keep down the cost of supporting pensioners through pension credits etc. It gives tax relief to encourage us. In return the pensions money is locked away until at least 50. This is to stop people dipping in and early and spending their pension pot before retirement age and then leaving teh state to puck up the bill.
There is a reason why mpension money can't be cashed in before age 50. The government encourages everyone to save for pensions to keep down the cost of supporting pensioners through pension credits etc. It gives tax relief to encourage us. In return the pensions money is locked away until at least 50. This is to stop people dipping in and early and spending their pension pot before retirement age and then leaving teh state to puck up the bill.