You can take up to 25% of your pension pot as tax-free cash. If you don’t take the tax-free cash at the start of your plan, you can’t take it later. Your income is taxable Income above your personal allowance is taxable. It may also affect any means-tested benefits you might ...
Affluent Investors Poor Rates Drawing Many into Pension Drawdowns Which Are Ideal for Only a Minority of Affluent InvestorsPoor Rates Drawing Many into Pension Drawdowns Which Are Ideal for Only a Minority of Affluent InvestorsSalway, Jeff
Read the full-text online article and more details about "Osborne's Move to Relax Pension Drawdown Limits Offers Alternative to Poor Annuities; FOR THOSE FARTHER FROM RETIRING, ISAS ARE ATTRACTIVE" - Western Mail (Cardiff, Wales), December 15, 2012...
29 states are so financially strapped that they can't hope to fund their pension/benefit liabilities. In extreme cases, as in Illinois and California, they can't even meet current operating expenses. And the solutions for those shortfalls are painful. In the coming "Age of Austerity," this...
You can take up to 25% of your pension pot as tax-free cash. If you don’t take the tax-free cash at the start of your plan, you can’t take it later. Your income is taxable Income above your personal allowance is taxable. It may also affect any means-tested benefits you might ...