"Trivial Pensions"

30 January 2009 at 8:45PM edited 30 November -1 at 1:00AM in Pensions, Annuities & Retirement Planning

3 replies 906 views

Korkie Forumite

2 Posts

30 January 2009 at 8:45PM edited 30 November -1 at 1:00AM in Pensions, Annuities & Retirement Planning

I will be 65 on 6th April 2009:j (first day of the new tax year!!!) and have a "pot" of just over £16500 which I would like to cash in. The limit for tax year 2008-9 is £16500-does anyone know the limit for 2009-10?

Replies

30 January 2009 at 9:45PM

jem16 Forumite
19.1K Posts

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30 January 2009 at 9:45PM

£17,500 for 2009/10.

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30 January 2009 at 10:53PM

Korkie Forumite
2 Posts

30 January 2009 at 10:53PM

Thanks, much appreciated.

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30 January 2009 at 11:48PM

dunstonh Forumite
106.7K Posts

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30 January 2009 at 11:48PM

better move it to cash now then as there is the chance you could just exceed that if you dont.

I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.

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