All (159) Articles (158) Tools (1) Filter by topics Clear all Pensions and retirement Everyday money Family and care Benefits Money troubles Savings Getting help and advice Homes Selected filters Page 4 of 17 Sort by Relevance Most recent Most popular Article How tax works on pension income Your pension is usually counted as part of your earnings, so you’ll pay tax on any income above your tax-free allowances. Here’s all you need to know, including... Article Take your whole pension in one payment From age 55 (57 from April 2028), you can often choose to withdraw all your pension money in one go. But, depending on the value of your pension, this means ... Article The money purchase annual allowance (MPAA) for pension savings If you take money out of a defined contribution pension, you might limit how much you can pay into a pension and benefit from tax relief to £10,000 a year. Here’s... Article Tax and National Insurance when you’re self-employed When you’re self-employed, you’re responsible for paying tax and National Insurance on your income. Here’s how it works. Article The tapered annual allowance for pension savings If you earn more than £200,000 in a tax year, you might be affected by the tapered annual allowance. This limits the amount of pension savings you can get tax... Article Take your pension as multiple lump sums If you have a defined contribution pension, you can usually choose how and when to take your money. One option is to leave the money invested and take cash lump... Article Take money from your pension when you need it: pension drawdown explained If you have a defined contribution pension, one way to take your money is to use flexi-access drawdown. This lets you withdraw some tax-free cash and leave the... Topic Manage and grow your pension Use our guides and tools to learn how to save enough money for a comfortable retirement. We explain: how much you might need to save for... Article Take your pension as a guaranteed income: annuities explained If you have a defined contribution pension, you can usually choose how and when to take your money. One option is to convert some or all of your pension into... Article How much is Universal Credit? Universal Credit is made up of a standard monthly allowance, plus extra money for housing costs, bringing up children, caring and living with an illness or disability.... Previous 1 2 3 4 5 6 7 8 9 10 Next