last friday i got some information through the post about my pension with my old company which tbh i didnt read as i find pensions really boring. turns out theyre offering the chance to cash in my pension as a lump sum - £9995.72! The first 25% is tax free but i get taxed on the rest. I was ummming and ahhing to decided whether i shud transfer it over to my new pension but i thought - wat the hell im only 24 ill never get the chance to get this much money again. Ive started a new pension with my new company where they match3x wat i pay in - so if i pay 6% they contribute 12% so within a year or two i woudl have this money back.

so sent my letter off today and i shud get it in aprils pay - just in time for brummie

oh and also found out we get a 10% bonus at the end of march too - im rich haha!!

x

bloody hell thats amazing!!!

what you buying me?

I sent that boxset recorded delivery today btw xx

Wow! I can completely understand why you'd want to cash it in! Ooh what are you going to spend it on?!xxx

Awww yay! Does that mean you dont need that loan you were thinking about to do up bathroom/pay for flights? (Please tell me that was you!)

Id love a lump sum like that but iv never paid into a pension so it aint gona happen boooooo! x

oh thats fabulous!

I have one from years ago, and it keeps increasing and they send me taunting letters to say so lol - but I have never had another one suitable to move it to - and they wont let me have it out! I hate the letter arriving and thinking argghhh i want that now!

WOW!!! Amazing! Spend it wisely x

brilliant hun enjoy it xx

snoops - well isnt it typical that we only went and gbot th bloody loan last week - but only enough for the car not the extra so were lucky and only paying £100 a month so saving £100 on wat we were before - once we find a bloody car!!

Well ive worked it out i should get about £8200 after tax so im gonna put £5k into an ISA, 1k into alfies bank account for the future. Im going to get my back gardens turfed and decking put down in time for the summer and gonna get block paving out the front. And im gonna put a couple of hundred away for Christmas its always hard time for us!

Im really scared tho having this much money - im scared incase i waste it as its getting paid into my current account so as soon as i can im opening a savings account where its all going into!

x

thats so lucky. have a holiday

That is brilliant hunni! x

Faberoonie hun!! Excellent news!!! Drinks are on you in Brum then

wow lucky you wish somehw i could get that amount of money!! well done for you having a pension!! hehe
drinks on you then amy aye hehe

Oh how lovely! Enjoy it hun! Oh and I'd very much like a Boysenberry Kitchenaid ta muchly! xxx

great news , don't enjoy it too much though, I'm terrible at saving!

YAY for you! Enjoy spending it

Great news huni, enjoy some of it hun, but great idea about the ISA and putting money aside for the future would love a windfall like that

gimme money

thats a nice surprise, of course i'm waiting for my numbers to come up tomorrow on the lottery lol