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Life Time Allowance - Big Questions!
Comments
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Yes you can take it as lump sum , as long as you reached pension age before April 2016.
This option is no longer available for anybody reaching SP age after then.
For sure it is not tax free, but it can be taken at your normal tax rate , even if the lump sum temporarily pushes you into a higher tax bracket ,0 -
I see, so he is partially correct then!0
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