Q. I have 3 small pensions adding up to no more than 10K I'm on means tested benefits, EAS and H.B. can I draw down my 1/4 tax free allowance or will it effect my benefits? Q. 2. the remaining amount in my pension how do or can I access or will it be treated as income?
Whether it will affect your ESA will depend on the type of ESA you receive, how you take the pension and how much it is?
If you are only receiving Contribution Based ESA then a lump sum will not affect your ESA but a regular payment will. If the pension is more then £85/week then there will be a £1/week deduction for every £2 in excess of the £85.
If you are receiving any Income Related ESA, either in part or in whole, then it will affect your ESA.
First, there is an assets and savings rule if you take a lump sum, see
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