Phil the Brit
Member
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- 1,499
Following on from yesterdays budget..................
I realise the answer is not that easy as each persons circumstances is different. however let me ask in the hope that there is someone here who can give me (and probably others) a good answer.
For say a 40% taxpayer who has already taken drawdown on three out of four pensions what options would you advise. I was about to take the fourth. Do I take it now while I am a 40% person or do I wait until I drop down to a 20% taxpayer as I am shortly disposing of my business.
Secondly do I capitalise the whole lot or do I just keep receiving my weekly pension. I am 61 years old.
Any answers chaps?
I realise the answer is not that easy as each persons circumstances is different. however let me ask in the hope that there is someone here who can give me (and probably others) a good answer.
For say a 40% taxpayer who has already taken drawdown on three out of four pensions what options would you advise. I was about to take the fourth. Do I take it now while I am a 40% person or do I wait until I drop down to a 20% taxpayer as I am shortly disposing of my business.
Secondly do I capitalise the whole lot or do I just keep receiving my weekly pension. I am 61 years old.
Any answers chaps?