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!
If I start taking a DB pension does it trigger MPAA????
Comments
-
Absolutely - I took two defined benefit pensions early and still contributed significant amounts in excess of MPAA with no issues at all.HappyHarry said:U sure? ..0 -
Ha! I thought you were referring to the 10 character limit!FIREDreamer said:
Absolutely - I took two defined benefit pensions early and still contributed significant amounts in excess of MPAA with no issues at all.HappyHarry said:U sure? ..
Taking DB pensions does not trigger the MPAA.I am an Independent Financial Adviser. Any comments I make here are intended for information / discussion only. Nothing I post here should be construed as advice. If you are looking for individual financial advice, please contact a local Independent Financial Adviser.0 -
Despite me confirming that within a few minutes of you posting?MetaPhysical said:Grammar police aside, I've confirmed elsewhere that taking pension income from a DB pension does not trigger the MPAA on a DC pension held by the same person.
Thank you.
Not doing my sense of self worth much good...
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards