We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Crystallised Benefits
Options
Bazzh
Posts: 24 Forumite
Received latest statement from my company pension provider. It says, value of benefits to be crystallised £185059.20. I'm not sure what that means. Can anyone please enlighten me. Thankyou.
0
Comments
-
http://www.enhancedretirement.co.uk/glossary/
"A benefit crystallisation event (BCE) occurs when you become entitled to get a benefit from your pension fund, for example, when you retire. The total pension funds you take (or "crystallise") will be measured against your remaining lifetime allowance and taxed if it’s exceeded."0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards