Uc and savings — Scope | Disability forum
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Uc and savings

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kane1994
kane1994 Community member Posts: 105 Courageous
Hi, I'm in the process of asking my Dr for a letter to see if I can get my £4000 pension pot early due to ill health.

Would this in anyway affect my universal credit payment and reduce my income long term. 

Any advice is appreciated 

Comments

  • poppy123456
    poppy123456 Community member Posts: 54,146 Disability Gamechanger
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    A lump sum will be treated as capital so unless this brings your total capital to more than £6,000 it will not affect your UC.

    If you withdraw a weekly income then it will reduce your UC £1 for £1.
    I would appreciate it if members wouldn't tag me please. I have all notifcations turned off and wouldn't want a member thinking i'm being rude by not replying.
    If i see a question that i know the answer to i will try my best to help.

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