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How long does it take to withdraw money from my drawdown arrangement?

All income payments, including one-off payments, are paid on the 28th of the month (or the previous working day if the 28th is not a working day). Any written or verbal instruction to change your income or request a one-off payment must be received by the 17th of the month in which the instruction should take effect.

For those in capped drawdown the total income taken must stay within the maximum GAD limit.

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