Can you really use your pension tax-free cash to repay your mortgage or clear debts? ✅ The short answer: yes. From age 55 (57 from 2028), you can usually take up to 25% of your pension tax-free — and use it however you want. But here’s the catch: • Most workplace pensions don’t offer flexible drawdown, so you may need to transfer into a scheme that does first. • Using cash to repay debt can feel great, but once it’s gone, it’s gone. • The right choice depends on your debts, your retirement goals