Draw down lump sum from pension

robbo2000

We want to go on holiday

Will cost £2000 to Greece

Planning to take the money from my pension as a lump sum

It will hit my account and then go out 2 days later to pay for the holiday

How will this affect our UC claim?

OverlyAnxious

As long as it isn't in your account on the final day of your payment period then it won't affect savings/capital.

As it is only a single lump sum, it should not be treated as income for UC purposes either.

robbo2000

that’s great - thank you