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NS ESA and pension
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2 days 6 hours ago #297367 by pauls1
NS ESA and pension was created by pauls1
I am on NS ESA so not income related , I was wondering if I am allowed to draw a lump sum from my pension , I haven't started Drawing anything from my pension at all so far
Thanks
Thanks
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2 days 2 hours ago #297371 by David
Nothing on this board constitutes legal advice - always consult a professional about specific problems
Replied by David on topic NS ESA and pension
Hi pauls1,
As far as New Style ESA is concerned capital and lump sums are disregarded.
Hope this helps,
David
As far as New Style ESA is concerned capital and lump sums are disregarded.
Hope this helps,
David
Nothing on this board constitutes legal advice - always consult a professional about specific problems
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1 day 23 hours ago #297374 by pauls1
Replied by pauls1 on topic NS ESA and pension
Thanks ...do you know if you can take more than one payment or is it just the 25%
For example could I take so much this year then so much next year without it affecting anything
Thanks
For example could I take so much this year then so much next year without it affecting anything
Thanks
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1 day 13 hours ago #297384 by David
Nothing on this board constitutes legal advice - always consult a professional about specific problems
Replied by David on topic NS ESA and pension
Hi pauls1,
As far as DWP capital rules are concerned there isn't a 25% figure but that may apply to other organisations.
David
As far as DWP capital rules are concerned there isn't a 25% figure but that may apply to other organisations.
David
Nothing on this board constitutes legal advice - always consult a professional about specific problems
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