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ILG ladder query
Comments
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Yes, that would work. You only need enough actual cash in your account to cover the tax free lump sums and other withdrawals, and only at the time you request them. Since AJ Bell operate a virtaul split between uncrystallised & drawdown pots this cash can come from any assets held in the SIPP so you don't need to worry about having enough cash specifically in the drawdown element.
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Many thanks for the clarity and to others for hinting as such…. I had simply not appreciated that 100k in cash was not required in order to take the 37K. This would seem to eliminate the uninvested risk…
Supplementary question perhaps - if I have 315k fully crystallized after the 5 years - in order to "pay" for the 25K TFLS, can I use that to purchase an annuity?
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