Hi, I'm JulieShaw! If my husband withdrew £5,000 from his pension pot, would it impact our benefits

JulieShaw Online Community Member Posts: 1 Listener

November 2021 edited November 2021 in Benefits and income

I have a question I hope someone can answer. If my husband withdrew £5000 from his pension pot (that is under our savings limit for benefits) would it affect out benefits?

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Comments

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  poppy123456 Online Community Member Posts: 64,463 Championing

  November 2021

  Hi,

  If you're claiming means tested benefits, providing your total savings are less than £6,000 then no, it doesn't affect them.
  

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  Ross_Alumni Scope alumni Posts: 7,611 Championing

  November 2021

  Hello and welcome to the community @JulieShaw, I hope you enjoy being here and find the community to be a positive outlet. 
  
  Has the above response been helpful for you?

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