Can I take as many flexible lump sums as l like?

You can take one lump sum a tax month. For example, from 6 May to 5 June. We don’t charge you for taking lump sums.

We also may not be able to pay flexible lump sums in all cases. HM Revenue & Customs has various rules, including whether you have enough lifetime allowance available.

The flexible lump sum is paid directly into your bank account.

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