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Taking 25% taxfree cash lumpsum out of large DC pension pot
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@RogerPensionGuy : Sorry I made that too lengthy. Simple question : How are Money Market Funds/ETF Accumulation units taxed ? Hmm, I guess the entire gain is "notional dividend", and ideally there would be no capital gains tax ?But the broker would need to send you the notional dividend tax certificate ? The likes of Interactive Investor /HL would certainly send you one.But I am not sure Interactive Brokers where I hold US dollar funds would send me "notional dividend" tax certificate. Ideally it is not a good idea to hold Accumulation units in Taxable account. But I have US dollar funds which I want to park in short term money market ETF. Most of the good ones (US Dollar Money Market UCITS Fund/ETF) are Accumulation units. Was considering moving away from US domiciled funds such as Vanguard Federal Money market fund hence the question.There is a great post outlining the list of such funds but I find that list daunting - guess I have to read it again slowly : Or I will ask that poster for helping me find a decent UCITS alternative for Vanguard US dollar Federal Money market fund : https://www.bogleheads.org/forum/viewtopic.php?p=8112643#p8112643Thanks
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