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Private pension draw down

paula2404

Hi, my husband has a private pension and wants to start drawing down after he takes his 25% tax free allowance. Will taking lumpsums from his private pension affect the carers allowance he gets?

Many thanks in advance

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poppy123456

It won't affect carers allowance. Do be aware though that carers allowance is taxable income, as well as any pension withdrawn after the 25% tax free.

Are either of you claiming any other benefits? if so which ones?

paula2404

Hi, the only benefit we get is PIP for me. X

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