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25% Tax Free Question from a SIPP
Comments
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You can take 25% from each, simple as that.segovia said:To add additional complexity, how is the 25% and Lifetime Allowance tracked if you have two SIPP's ?
For the lump sum allowance, when you take the 25% from the second SIPP, they will ask you if you have made any previous withdrawals.0 -
I’ve just initiated a transfer to AJ Bell, they will cover the £180 cost of transfer that CSD will charge. Transferring inspecie so may take a while what with Xmas looming and all.The transfer form asks you if you have already accessed any tax free cash and what amounts are in drawdown / uncrystallised.
It was a very easy process and they send you a form to sign electronically, which is good.1
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