Hi, If one were to stop working at 50, no DB pension and start living off savings and eventually dipping into the DC plan, how would that person be taxed?
I believe there is a tax exemption up to a certain amount of income drawn when over 65 but is there anything if you are 50?
I believe there is a tax exemption up to a certain amount of income drawn when over 65 but is there anything if you are 50?