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If I start taking a DB pension does it trigger MPAA????

2»

Comments

  • U sure? ..
    Absolutely - I took two defined benefit pensions early and still contributed significant amounts in excess of MPAA with no issues at all. 
  • HappyHarry
    HappyHarry Posts: 1,880 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    U sure? ..
    Absolutely - I took two defined benefit pensions early and still contributed significant amounts in excess of MPAA with no issues at all. 
    Ha! I thought you were referring to the 10 character limit!

    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.
  • artyboy
    artyboy Posts: 2,069 Forumite
    1,000 Posts Third Anniversary Name Dropper
    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.
    Despite me confirming that within a few minutes of you posting?

    Not doing my sense of self worth much good...

     :D 
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