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dps pension income

corkbaz · 2013-01-30 21:45:54

Hi, I WAS MADE REDUNDANT IN 2009 AND CHOOSE A REDUNDANCY OPTION WITH DSP INCOME. WHICH I THINK IS A DEFERED PENSION SCHEME. I PICKED THIS FOR WHEN I RETIRE WHICH WON'T BE FOR AT LEAST ANOTHER 30YRS. IN MY TAX CREDITS MY 'DPS INCOME' IS CAUSING MY NET TAX CREDITS TO DECREASE. IS THERE ANYWAY OF WITHDRAWING FROM THIS SCHEME…

30-01-2013 9:45pm

#1

corkbaz

Registered Users, Registered Users 2 Posts: 5 ✭

Join Date: May 2011

Posts: 4

Hi,

I WAS MADE REDUNDANT IN 2009 AND CHOOSE A REDUNDANCY OPTION WITH DSP INCOME. WHICH I THINK IS A DEFERED PENSION SCHEME. I PICKED THIS FOR WHEN I RETIRE WHICH WON'T BE FOR AT LEAST ANOTHER 30YRS. IN MY TAX CREDITS MY 'DPS INCOME' IS CAUSING MY NET TAX CREDITS TO DECREASE. IS THERE ANYWAY OF WITHDRAWING FROM THIS SCHEME OR CLAIMING ANY REFUND.

ALSO I HAVE AVCs, AND AM WONDERING WHEN I'LL BE ABLE TO WITHDRAW 30% OF THESE.

REGARDS.

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