I WANT TO CASH IN MY PENSION FOR MY WIFE’S OP
Q. My employer has been paying 5% into my pension which I match for the last 25 years. 10 years ago, I set up an Additional Voluntary Contribution (AVC) scheme which is now worth c. € 60,000. My wife has to undergo a serious operation which will cost us over € 23,000 and we have no savings of note. Is it possible to stop the contributions and cash in this AVC ? I am 61 years old. Thanks Gerry – Terenure Dublin 12