We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Applying for uc and pension pot
Comments
-
Not sure I understand. Previous to furlough we were saving into private pensions and nest. Have some savings which we have been using to live. Will be returning to work. I work in hospitality so not sure when.Titch
0 -
So apparently you can access your pension savings at 55 years old. So once over that age do you have to draw down your pension rather than claim uc?Titch0
-
No. Money in a pension pot is ignored until you reach state pension age.caro69 said:So apparently you can access your pension savings at 55 years old. So once over that age do you have to draw down your pension rather than claim uc?Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards