Uc and savings
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kane1994
Community member Posts: 108 Contributor
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
Would this in anyway affect my universal credit payment and reduce my income long term.
Any advice is appreciated
0
Comments
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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 £1.0
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