• Welcome to the LegalBeagles Consumer and Legal Forum.
    Please Register to get the most out of the forum. Registration is free and only needs a username and email address.
    Please do not post your full name, reference numbers or any identifiable details on the forum.

Pension & benefits

  • Filter
  • Time
  • Show
Clear All
new posts

  • Pension & benefits

    Hi all

    I have just discovered that i have a pension with a value of approx 35k

    my wife is severely disabled, mentally and physically, and we receive income related ESA, housing benefit, c tax relief and PIP/ carers allowance

    I want to withdraw 15-20K FROM MY POT INITIALLY TO CLEAR OUR AND OUR SONS DEBTS APP 4K, treat ourselves to new ipad, laptop etc

    obviously tax man will have his chunk but how would this impact our benefits?

    i envisage spending at least 10k so would be left with around 3-7k left after tax

    would dwp accept these spends or would they claim deprivation?

    my wife gets so stressed over old bills so it would help her condition if we could clear

    Tags: None

  • #2
    Wylderose can you advise please?


    View our Terms and Conditions

    LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

    If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.

    If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.