Pension Cash Back

Fill in the form below and we'll send you an email with the top ranked qualified financial advisors who specialises in pension exit near you

PensionCashBack.ie is the answer to the challenge of not knowing who to trust in the financial services industry. It is a directory of vetted, qualified financial advisors in Ireland, helping you connect with professionals you can rely on for pension and financial advice. We'll connect you with an impartial financial advisor in ireland with an impeccable reputation that can make sure you're getting the absolute most of your tax free pension withdraw. Pensioncashbback.ie is a free service for anyone who needs help with Irish Pension Advice. You can be sure the advice you're getting is impartial as we are not a financial services firm, nor do we have any agreements with any financial institutions that might interfere with you getting the best possible deal on your tax free pension withdraw.

Note:  Pensioncashback.ie does not provide financial advice. This information is not financial advice. You should always speak to a Qualified financial advisor in Ireland to understand your options.

Can I cash in my pension at 30?

Generally, you cannot cash in your pension at 30 unless you meet very specific conditions. Pensions in Ireland are designed to provide income in retirement, typically from age 60 onwards. However, in rare cases, you may be able to access your pension early if you are:

• Permanently unable to work due to serious ill health.
• A member of certain occupational pension schemes with special early withdrawal rules.

Can I cash in my Irish Life pension early?

Early withdrawal of a pension with Irish Life depends on the type of pension you have:

• Personal Pensions (PRSA or Personal Retirement Bond) – Usually, you cannot access it before age 60, unless due to serious ill health.
• Occupational Pension Schemes – Some schemes allow early retirement from age 50 if you leave employment linked to that pension.
• Defined Contribution (DC) Pension Plans – These typically follow the same rules, with access only permitted under exceptional circumstances.

Can I cash in my pension early under 50?

In most cases, you cannot cash in your pension before 50 unless you:

• Are seriously ill and permanently unable to work.
• Have a small pension pot under €10,000 in a PRSA and meet specific Revenue conditions.
• Are in a pension scheme that allows early access (e.g., some specific employer schemes).

Can I cash in my CWPS pension?

The Construction Workers Pension Scheme (CWPS) generally does not allow full cash withdrawals before retirement age. However, you may be able to access your benefits:

• From age 50 if you are no longer working in the construction industry.
• If you have a small pension pot under €10,000 and meet certain criteria.
• If you become permanently unable to work due to ill health.

Can I withdraw my pension before 55?

• In most cases, no, unless you meet special conditions.
• If you have an occupational pension, you may be able to access it from age 50 if you leave your job.
• If you have a PRSA or personal pension, you usually need to wait until age 60 unless you qualify under the small pot rule or due to ill health.

Can I cash in my CWPS pension early?

Yes, but only under specific conditions:

• If you are aged 50 or over and have left the construction industry.
• If you are permanently unable to work due to serious illness.
• If your pension pot is under €10,000 and meets the Revenue’s small pension rule.

Cashing in a pension plan / Cashing pension in

Cashing in a pension early is generally not allowed in Ireland, except in specific circumstances:

• If you are seriously ill and cannot work.
• If your pension is very small (under €10,000 in certain cases).
• If you leave an occupational pension scheme, you may access it from age 50.

Can I take money out of my pension?

Usually, not before retirement age. The key rules are:

• Personal Pensions & PRSAs – Withdrawals generally not allowed before 60.
• Occupational Pensions – Possible from age 50 if you leave your job.
• Ill Health & Small Pot Rules – Some exceptions exist.

Withdraw pension early / Can I withdraw money from my pension?

In general, early pension withdrawals are not allowed unless:

• You retire early (age 50+) and are part of an occupational pension scheme.
• You have serious ill health and are unable to work.
• You qualify under the small pension pot rule.

Can I cash in my PRSA pension early?

A PRSA (Personal Retirement Savings Account) can only be accessed early if:

• You suffer from serious ill health.
• You qualify for the small pension pot rule (if your total PRSA balance is under €10,000 and meets Revenue requirements).
• Otherwise, PRSAs are accessible from age 60.

Can I withdraw my pension money?

You cannot withdraw pension money early in most cases. Pensions are meant for retirement income, and withdrawal is restricted by law. However:

• Occupational pensions may allow access from 50+ if you leave your job.
• PRSAs and personal pensions are accessible from 60+.
• Exceptions exist for ill health and small pension pots.

Can I draw money out of my pension?

• Before 50? Unlikely, unless due to illness or a small pension pot.
• At 50+? Possible for occupational pensions if you have left the employment linked to the pension.
• At 60+? PRSAs and personal pensions can be accessed.
• At 66+? State Pension (if you qualify) is available.

Can I withdraw money from my pension plan?

It depends on the type of pension:

• Occupational pensions – Possible from 50+ if you leave that employment.
• PRSAs & Personal pensions – Withdrawals allowed from 60+.
• Ill health & small pot – Special rules apply.