Endaff Bowen
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RE: Crystallising a small pension but still contributing to another
Ahh no. I had a direct my question. Said as I was taking a small amount for a local government deferred pension pot. Small pot. I would be ok. On this advice I have now executed the pension pot starts very soon. -
Crystallising a small pension but still contributing to another
I have a small Local government pension , less than £2k a year and small 25% tax free I want to crystalise. I currently also pay into a active Civil Service pension and still in full time employment. If I crystalise the LGP , how will that affect my regular contributions into the CS Pension. I read on another thread it drops to £4000 limit. (from what I don't know) does this cover just my contributions or mine and the Civil Service contributions in that new £4000 limit. Thank you in advance.