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Taking my DB pension, what happens to a small DC pot?
Sea_Eagle
Posts: 12 Forumite
As the title suggests, after lots of consideration I have decided to take my DB pension as opposed to transferring the generous CETV that I was offered.
My question relates to a small DC pot that I have been paying into since January of this year, by the time that I start to be eligible to take my pension I estimate the DC pot will be worth circa £14000. Can anybody answer what my options are on this small pot.
My question relates to a small DC pot that I have been paying into since January of this year, by the time that I start to be eligible to take my pension I estimate the DC pot will be worth circa £14000. Can anybody answer what my options are on this small pot.
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Comments
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The options are exactly the same as for any DC pension pot
https://www.pensionsadvisoryservice.org.uk/about-pensions/retirement-choices
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