- If you have become eligible to withdraw your LD savings, the tax must be paid within 12 months of your 60th birthday.
As a general rule, a member cannot claim the tax relief until they reach the age of 60 and are therefore eligible for a payout. It is a condition of the tax relief that the member meets at least one of the payment criteria.
A letter from LD Pensions?
LD Pensions will write to you approximately 10 months after your 60th birthday. LD Pensions offers to ensure that you receive the tax relief by paying the reduced fee within the time limit.
If you have not heard from LD Pensions even though it has been 10 months since you turned 60, please contact LD Member Services. If you live abroad, the lack of contact may be because we do not have your current address.
Under 60?
Under certain circumstances, you may be entitled to a payment even if you are not yet 60 years old. For example, if you have been living abroad for at least six months, you are entitled to a payment.
If you meet one of the conditions for a payout, you can secure tax relief by:
Request to continue your LD savings with tax relief:
The form used to convert your LD savings account into an LD age-savings account can be ordered by calling +45 70 13 13 77. The completed form should be sent to LD Member Services together with the required documentation. Once converted to an LD age-savings account, any withdrawals are tax-free. You may leave your savings in the account until the day you need them.
Requesting payment
The disbursement form can be ordered by telephone on +45 70 13 13 77 and sent to LD Member Services together with the necessary documentation.
