Quote Originally Posted by Harry T View Post
Steve the rules have changed since April 2015 with these "Pots" you are now able to take all the money out if you so wish, the first 25% is Tax free, the remainder you will pay Tax on at your standard rate, just be careful that when its added to your other income (your job) it doesnt take you into the higher rate Tax bracket, but for all intents and purposes you can regard this as Cash available or Cash in the Bank .
Thats right Harry we all have to be careful what we may be taking out takes us over the thresh old for paying tax,
Its all about not giving any money away to the tax man if we can help it, its just over £10,000 i believe going to just over by the time i may be retiring,
I am trying to arrange a meeting with the chap who i deal with for my affairs , but its trying to get the day right for this meeting