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LGPS , PCLS & LTA

Hi
I'm currently filling in the paperwork commence payment of LGPS benefits , there’s a question about pre April 2024 pension payments % against the LTA

I did crystallised £29k in my sipp in dec 2023 but only withdrew the tax free element 7.25k the question is for LTA concerns is it the full 29000/1073100 or 7250/1073100 I’m finding conflicting detail on the net

Comments

  • FIREDreamer
    FIREDreamer Posts: 1,017 Forumite
    500 Posts Second Anniversary Name Dropper Photogenic
    Sharktail said:
    Hi
    I'm currently filling in the paperwork commence payment of LGPS benefits , there’s a question about pre April 2024 pension payments % against the LTA

    I did crystallised £29k in my sipp in dec 2023 but only withdrew the tax free element 7.25k the question is for LTA concerns is it the full 29000/1073100 or 7250/1073100 I’m finding conflicting detail on the net
    It’s the former.
  • Sharktail
    Sharktail Posts: 51 Forumite
    Sixth Anniversary 10 Posts Name Dropper
    Thanks for that ,2.7% it is 
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