Remaining politically neutral during General Election 2024


Under guidance from the Electoral Commission and Charity Commission, it's important that Scope remains politically neutral during General Elections.

While we understand that this period will see many passionate discussions and do not want to discourage open discussion, we cannot allow discussions which are purely intended to influence voting.

As ever, please make sure that your comments remain respectful of other people's opinions and keep to our online community house rules.
If we become concerned about you or anyone else while using one of our services, we will act in line with our safeguarding policy and procedures. This may involve sharing this information with relevant authorities to ensure we comply with our policies and legal obligations.

Pension potts

Options
Pete2
Pete2 Community member Posts: 86 Pioneering
Hi , newbee here 1st message so please be nice to me lol. My question is this........i care full time for my disabled wife who is on top level PIP.  We do have savings , but after 30 years living in the same house its now time to return some TLC , so i wish to dip into my private pension pots to help pay for repairs and updates to make our house more adaptable for my wife..iam 62 years old so i do not receive state pension ...yet....i do receive IS, which i know i will loose if i cash in one if my potts, but if i do cash in will i also loose my carers allowance as well......ty...Peter

Comments

  • April2018mom
    April2018mom Posts: 2,882 Disability Gamechanger
    Options
    Here is some information on pension pots https://www.pensionwise.gov.uk/en/pension-pot-options
    I recommend contacting your local bank also. Alternatively you can apply for a DFG. https://www.gov.uk/disabled-facilities-grants
    Sorry I have no experience with carers allowance however. 
  • poppy123456
    poppy123456 Community member Posts: 56,961 Disability Gamechanger
    Options
    Hi,

    Carers Allowance isn't affected by any pension you cash in. Before cashing in the pension i'd advise you to get some expert advice from an agency near you. Any savings of more than £6,000 will affect your IS by £1 for every £250 over that amount. Anything over £16,000 and all means tested benefits will stop, including any housing benefit and council tax reduction you maybe claiming.

    As all areas are now a full Universal Credit are you won't be able to claim for IS any time in the future, it will be UC you'll need to claim.
    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.
  • Pete2
    Pete2 Community member Posts: 86 Pioneering
    Options
    Hi ty all for a quick reply........the cash pott/potts will be used for house repairs and some mods to make life much better for my disabled wife....such as converting our bathroom to a wet room....installing a stair lift etc......so the cash wont be around for any length of time......again ty for the replys.......Peter.
Complete our feedback form and tell us how we can make the community better.

Do you need advice on your energy costs?


Scope’s Disability Energy Support service is open to any disabled household in England or Wales in which one or more disabled people live. You can get free advice from an expert adviser on managing energy debt, switching tariffs, contacting your supplier and more. Find out more information by visiting our
Disability Energy Support webpage.
If we become concerned about you or anyone else while using one of our services, we will act in line with our safeguarding policy and procedures. This may involve sharing this information with relevant authorities to ensure we comply with our policies and legal obligations.

Find out how to let us know if you're concerned about another member's safety.