⭐ MASTER CLASS SERIES ⭐
Using Pension Tax-Free Cash
Most of us know that when we come to take benefits out of a pension, we usually have the option to take some tax-free cash out of the pension scheme and drop it in our bank account.
Usually you get ONE opportunity to do this, and most people don’t think through their options carefully enough. But you’re not most people, you’re watching Meaningful Money…
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Chapters:
00:00 Welcome
00:35 How Pension Tax-Free Cash works
01:40 Factors in tax-free cash decision
02:42 Case 1 - Debt repayment
03:14 Case 2 - Shifting the balance between pension and ISA
04:49 Case 3 - Supplementing income
05:37 Case 4 - Deferring income
06:06 Case 5 - Use AVC for cash
06:55 Case 6 - Reducing income below a tax threshold
07:22 Case 7 - Enjoy it!
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USING Pension Tax-Free Cash - YOUR Best Choice
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