Do you want to discuss boring politics? (16 Viewers)

Marty

Well-Known Member
Did I you may be right


268k is the max you're allowed to take as a tax free lump sum. So we know that your pension is at the very least close to 1.1 million.

When are you going to start redistributing your wealth or is it only others wealth you want to redistribute?
 

Ccfcisparks

Well-Known Member

268k is the max you're allowed to take as a tax free lump sum. So we know that your pension is at the very least close to 1.1 million.

When are you going to start redistributing your wealth or is it only others wealth you want to redistribute?
Very personal!!! How dare you look into how much Peter has earnt
 

mmttww

Well-Known Member
When are you going to start redistributing your wealth or is it only others wealth you want to redistribute?

as soon as he takes his pension by paying income tax on it would be my guess. Also hard to give any of it away when you can't withdraw money until retirement age and all that. Also don't think anyone on here would ever suggest folks give away parts of a pension whatever its size so this is a bit of a mad take.
 

Sky Blue Pete

Well-Known Member

268k is the max you're allowed to take as a tax free lump sum. So we know that your pension is at the very least close to 1.1 million.

When are you going to start redistributing your wealth or is it only others wealth you want to redistribute?
I think the figure is probably wrong
 

Grendel

Well-Known Member
as soon as he takes his pension by paying income tax on it would be my guess. Also hard to give any of it away when you can't withdraw money until retirement age and all that. Also don't think anyone on here would ever suggest folks give away parts of a pension whatever its size so this is a bit of a mad take.

25% is tax free and can be taken at 55
 

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