@andrewkingwealth: At 55 you can access your pension — but take it the wrong way and you could lose thousands to tax. Here’s what you need to know. You can take 25% tax-free, but the rest is taxed as income. The key is not taking too much at once spreading withdrawals across the tax year can keep you in a lower tax bracket and save you money. Before you withdraw anything, plan it. Know your pot size, your tax situation, and how much you actually need. Don’t just take it because you can. Not a financial advice #Pension #PensionWithdrawal #TaxEfficiency #RetirementPlanning #UKPension