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!
Old pension lump sum affect UC
Comments
-
Do you have any debts that the money could be used to pay off?Bigholmesy said:Hi all
I have recently been contacted by a company I worked for about 30years ago, telling me I have a pension of about 10k and outlining some options.
If I took the whole 10k to do much needed work in the house, do I need to inform UC and would it affect my entitlement and how?
Clueless as to how this works so thank you for any info or advice.Life in the slow lane0 -
None am just about to make last payment on mortgage so was only gonna lift it to do much needed work on the houseborn_again said:
Do you have any debts that the money could be used to pay off?Bigholmesy said:Hi all
I have recently been contacted by a company I worked for about 30years ago, telling me I have a pension of about 10k and outlining some options.
If I took the whole 10k to do much needed work in the house, do I need to inform UC and would it affect my entitlement and how?
Clueless as to how this works so thank you for any info or advice.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.5K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards