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Confused with all the different opinions here
Comments
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charliehell wrote: »Right then, if a person has a FS pension pot AND one or two SMALL (under 10k each) DC pension pots AND is 55 years old - or will be in 2015 - can the DC pots be taken as cash?
if you are still working, have other income in 2015, 75% of those pots would be taxed. So it might make sense to leave one until you have no income (say you retire early before your FS pension comes due).0 -
My index linked FS pension is frozen and the pot is around 300k.
Frozen? Surely your FS pension revalues in deferment? You have a copy of the Scheme booklet?
http://www.barnett-waddingham.co.uk/news/2012/07/revaluation-for-early-leavers/0 -
Frozen, wrong word soz..rises yearly with CPI..contracted out element RPI..0
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