Please willsomeone enlighten me? I have read this
but it does not seem to answer my question.
I am 59 years old. I have several pension pots which I accumulated while e
mployed and when self employed. One of these (with Phoenix Life) has less
than £10,000 in it; the others are bigger.
AIUI I can withdraw this small pot as a cash sum. But the information is s
cant on whether or not there is tax to pay on it.
* if I take the small pot as cash is it taxed and if so how?
thank you for any help you can offer.
- posted 5 years ago