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!
Pension lump sum. On benefits
Comments
-
I think this was pension bee live chat...
I think you also need to speak to someone who deals with benefits, as some means-tested benefits can take into account the whole pension if you have accessed it at all, with the expectation that you turn the pension into income and use it to live on rather than draw benefits
0 -
I'm 57 and it won't last that long.0
-
That doesn’t sound correct to me.caz1965 said:I think this was pension bee live chat...I think you also need to speak to someone who deals with benefits, as some means-tested benefits can take into account the whole pension if you have accessed it at all, with the expectation that you turn the pension into income and use it to live on rather than draw benefits
Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.0 -
I don't think.thats rightcalcotti said:
That doesn’t sound correct to me.caz1965 said:I think this was pension bee live chat...I think you also need to speak to someone who deals with benefits, as some means-tested benefits can take into account the whole pension if you have accessed it at all, with the expectation that you turn the pension into income and use it to live on rather than draw benefits
0 -
Do you mean you think my comment is not right or that the Pension Bee comment is not right?caz1965 said:
I don't think.thats rightcalcotti said:
That doesn’t sound correct to me.caz1965 said:I think this was pension bee live chat...I think you also need to speak to someone who deals with benefits, as some means-tested benefits can take into account the whole pension if you have accessed it at all, with the expectation that you turn the pension into income and use it to live on rather than draw benefits
Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.0 -
The advice from the live chatcalcotti said:
Do you mean you think my comment is not right or that the Pension Bee comment is not right?caz1965 said:
I don't think.thats rightcalcotti said:
That doesn’t sound correct to me.caz1965 said:I think this was pension bee live chat...I think you also need to speak to someone who deals with benefits, as some means-tested benefits can take into account the whole pension if you have accessed it at all, with the expectation that you turn the pension into income and use it to live on rather than draw benefits
The money will be under £6000.
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.9K Banking & Borrowing
- 254.6K Reduce Debt & Boost Income
- 455.6K Spending & Discounts
- 247.7K Work, Benefits & Business
- 604.7K Mortgages, Homes & Bills
- 178.7K Life & Family
- 262.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards