Retirement Tax Questions

[Eyeblinks]

1, When calculating the 200K TFLS do you include a TFLS received from a previous employment, prior to 7th December 2005?

2. If the 200K is exhausted on this retirement and another pension will be activated in a few years, is the 300K @ 20% still available at that stage?

 

[LDFerguson]

1, When calculating the 200K TFLS do you include a TFLS received from a previous employment, prior to 7th December 2005?

No.

2. If the 200K is exhausted on this retirement and another pension will be activated in a few years, is the 300K @ 20% still available at that stage?

Yes, assuming nobody changes the rules in the meantime.