pension

[stokemaveric]

can i cash a pension plan in that i have had since 1989?and is it worth it?or should i just hang on to it until i retire?

[factor-fiction]

What do you mean by 'cash in'? Don't you have to buy an annuity with it? And how old are you- this will affect when you can start drawing on this pension

[dzug]

You can't cash in a pension plan until retirement age (as defined in the plan)

When you do you can only get cash for part of it - the major part you have to buy an annuity with.

Doing it early you usually lose out big time

[Androcles]

There are many factors that affect this. How close to retirement are you? Why would you want to "cash it in"? How big is the fund?

All these are some of the many questions you would be asked if you spoke to an IFA, which is probably what you should do.....