If I have withdrawn under the Reduced Life Expectancy scheme, can I still apply to withdraw a lump sum from age 55 and payout eligibility age for my immediate retirement needs?

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Accepted Answer

No, you will no longer be able to make lump sum withdrawals from age 55 and payout eligibility age for your immediate retirement needs as the withdrawable savings are already paid out to you earlier under the Reduced Life Expectancy scheme.

If I have withdrawn under the Reduced Life Expectancy scheme, can I still apply to withdraw a lump sum from age 55 and payout eligibility age for my immediate retirement needs?

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