Pension experts. If I have a transfer value of x and transfer another bigger value of X ..

[Deleted User X18H]

Into it, when I get to 55 can I take out 25% of the whole X as a lump sum??

 

[El Sid]

You've got 45 years to go yet, don't worry yourself. Concentrate on your 11plus exam.
And stop buying sweeties with your paper round money.

 

[Jim Van Winkle]

I really think you should stay away from algebra. You can barely tie your shoe laces and your grasp of the English language is toddler at best.

 

[Steve Foster]

Into it, when I get to 55 can I take out 25% of the whole X as a lump sum??

If you have a pension fund where the tax free cash sum is higher than 25%, you will not be able to transfer the fund to another pension plan without taking advice

www.investment-solutions.co.uk

 

[Uncle Spielberg]

You can have 25% of the fund tax free at 55, the rest is taxed at whatever rate that lump sum puts you into for that tax year, 20% of 40%