EARLY PENSION ENCASHMENT

Q. My employer pays 5% into my pension which I match. But about 10 years, I set up an Additional Voluntary Contribution scheme which is now worth c. € 90,000. Our only child will hopefully be going to college next September and we have no money especially after the festive season. Is it possible to stop the contributions and cash in this AVC ? I am 54 and due to retire in 11 years. Thanks Jimmy – Crumlin Dublin 12

 

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