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Blog Homepage > The AVC Early Withdrawal Option is Ending Soon!

22/01/16

Following the Finance Act 2013, AVC policy holders are allowed a once-off option to withdraw up to 30% of the value of funded Additional Voluntary Contributions made to supplement their retirement benefits.

Withdrawals will be liable to tax at the individual’s marginal rate.

The option to withdraw is available up to Saturday, 26th March 2016 and all required paperwork must be with the relevant insurance company before close of business on Friday 25th March 2016.

For more information call our AVC helpline on (01) 408 6285.

 

 

Click below for more information about AVCs:

The ABCs of AVCs

Make a Smart Choice – 3 Reasons why a Pension is a Must-Have Item

Ask the Experts: The Benefits of Investing in an AVC

The Ultimate Guide to AVCs