Pension Drawdown Thinking about taking money from your pension? Here’s the truth: £10,000 doesn’t always mean £10,000. With pension drawdown you can normally take 25% tax-free. The rest is taxed as income, which means: • With unused personal allowance you could keep the full £10,000 • As a basic-rate taxpayer you might keep around £8,500 • As a higher-rate taxpayer you could be left with as little as £7,000 👉 Drawdown gives you flexibility and control — your pot stays invested, and you can take
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Yes — you can usually take up to 25% of your pension as tax-free cash without touching the rest. But beware: once you access it, you might trigger rules that limit future contributions. ✅ Up to 25% is tax-free (from age 55, or 57 from 2028) ✅ The rest can stay invested ⚠️ Taking it flexibly can trigger the MPAA Timing is everything — get advice before you act. 👋 I’m Lee, The Pensions Guy — helping you plan smarter and retire better. 🔁 Share this to help someone avoid a pension mistake. 📲 Foll
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