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Pension Withdrawal Age

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Feb 21, 2012 … Age 59½. The 10 percent early withdrawal penalty on IRA withdrawals ends at age 59½. However, you are not required to take distributions …

Tim Bennett Explains: Which is best - an ISA or a SIPP?Not until you reach retirement age. Typically that's 65, though many pension plans allow you to start collecting early retirement benefits as early as age 55.

If you are over age 67 when you begin making withdrawals from your pension plan, you'll avoid the early withdrawal penalty. This penalty applies only if you …

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