Should the Total Purchase Amount in an Annuity Include or Exclude Tax Free Cash (TFC)?

46 views 09/11/2020 09/06/2026 1

Dependent on if you have selected Transfer or OMO.  For Transfer you will need to put the Total pension fund including Tax free cash and then specify how much tax free cash is to be taken from the fund.

If choosing OMO (Open Market Option) this option assumes the fund excludes the tax free cash as already been taken.

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