Pension Drawdown Thinking about taking money from your pension? Here’s the truth: £10,000 doesn’t always mean £10,000. With pension drawdown you can normally take 25% tax-free. The rest is taxed as income, which means: • With unused personal allowance you could keep the full £10,000 • As a basic-rate taxpayer you might keep around £8,500 • As a higher-rate taxpayer you could be left with as little as £7,000 👉 Drawdown gives you flexibility and control — your pot stays invested, and you can take
2:10
Pension Drawdown Thinking about taking money from your pension? Here’s the truth: £10,000 doesn’t always mean £10,000. With pension drawdown you can normally take 25% tax-free. The rest is taxed as income, which means: • With unused personal allowance you could keep the full £10,000 • As a basic-rate taxpayer you might keep around £8,500 • As a higher-rate taxpayer you could be left with as little as £7,000 👉 Drawdown gives you flexibility and control — your pot stays invested, and you can take
39.4K views8 months ago
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Pension drawdown calculator - making your money last - Which?
Pension drawdown calculator - making your money last - Which?
3 months ago
which.co.uk
Are you in The People’s Pension and thinking about taking flexible drawdown? Here’s how it works — and what you need to watch for before you touch your pot 👇 #Pensions #pensionplan #retirementplan #financialeducation #workplace | Gardner Financial Management
2:03
Are you in The People’s Pension and thinking about taking flexible drawdown? Here’s how it works — and what you need to watch for before you touch your pot 👇 #Pensions #pensionplan #retirementplan #financialeducation #workplace | Gardner Financial Management
8.6K views6 months ago
FacebookGardner Financial Management
What is pension drawdown? - Which?
What is pension drawdown? - Which?
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which.co.uk
Pension drawdown: what is it - and does it come with tax implications?
Pension drawdown: what is it - and does it come with tax implications?
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Curious about pension drawdown? We delve into what it is, why some people find it attractive and why others don't in our latest pension FAQ video! To find out more about withdrawing money from your pension - search drawdown and LV= #Pension #Retirement | LV=
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