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stick or twist with DC pot withdrawal this tax year ?
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Hillsideretired.
What do you want the sipp to do? Is it to fund the gap to sp?
Do the db and sp at 67 give you the required amount of income?1 -
Depending on the provider, they may not be so happy with you depositing this money each tax year and then withdrawing it all again. Not exactly being a desirable customer to have.HillsideRetired said:thanks all , to clarify I plan to withdraw the 2880+720 from the SIPP this tax year . will that come off the £12570 Annual allowance ?
It may have been a lot simpler just to have added the £2880 to your main DC pension, assuming it would be OK with that.1
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