Chartered Financial Planner based in the UK.
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How TAX FREE CASH works? And 3 EXAMPLES of how it can be taken from your PERSONAL PENSION.

Just to try and show the practical ide of how TAX FREE CASH works with 3 examples of how you can take it from your PERSONAL PENSION.

Also, I show an example of how the tax bands work in relation to your taxable pension income.

Link to the Government Money Helper Website:

https://www.moneyhelper.org.uk/en#

🗒 Please note:

The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow.

All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances.

This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway.

Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest.


⭐ My aim is to provide education and guidance to help individuals understand pensions, investments and protection.

#ukpensions #retirementplanning #taxfreecash