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Do I Have to Buy an Annuity

No. When taking tax free cash from your pension you will have to choose what to do with the remainder of your pension fund. Typically a pension will allow for a up to 25% tax free cash to be taken as a lump sum. Once this has been taken you can buy an annuity or you can leave the rest invested for income later.

Address 85 High Street Tunbridge Wells Kent TN1 1XP

Telephone Number 01892 320449

Email Address work@abacusadvice.co.uk

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