2 payments?

[thebigone]

Expecting £33,000 pension only had £26.000
£10,000 few weeks ago got £16,000 today
Is it usual too get it in 3 separate ?
Still waiting on £7.000 or will I need too ring them?

[freespeech]

Expecting £33,000 pension only had £26.000
£10,000 few weeks ago got £16,000 today
Is it usual too get it in 3 separate ?
Still waiting on £7.000 or will I need too ring them?

Pension! Are you the CEO? Do you mean lump sums?

[freespeech]

Expecting £33,000 pension only had £26.000
£10,000 few weeks ago got £16,000 today
Is it usual too get it in 3 separate ?
Still waiting on £7.000 or will I need too ring them?

Has the £7k been lost in tax?

[postie2007]

Hi are your lump sums split in between lump sum, cash balance, and AVC.If you then have surplus cash are you taking as an Uncrystallised sum. That could be why there is more than one payment. I also retired a few weeks ago I had 2 payments and I am awaiting my Uncrystallised sum payment.best option in my òinion is to ring the pension help line.

[thebigone]

I’m thinking £16,000 old pension started 1999
£1,500 avc
£9000 pension after 2012
Just waiting on £7000
Probably ring them today
They can never give me straight answer when Iv spoke too them before

[Skye2016]

Expecting £33,000 pension only had £26.000
£10,000 few weeks ago got £16,000 today
Is it usual too get it in 3 separate ?
Still waiting on £7.000 or will I need too ring

What age are you, ?
If under 65, you are taxed for taking pension early. Sounds like the missing 7k is tax...possibly .

[thebigone]

You got the phone number for the pension after 2012?

[freespeech]

Expecting £33,000 pension only had £26.000
£10,000 few weeks ago got £16,000 today
Is it usual too get it in 3 separate ?
Still waiting on £7.000 or will I need too ring

What age are you, ?
If under 65, you are taxed for taking pension early. Sounds like the missing 7k is tax...possibly .

You aren't "taxed" for taking your pension early. You lose 5% per year early (approx) and if that still takes you over the tax threshold then you pay tax as any other earnings. That applies if you take your pension early or at NRA.

[Skye2016]

Expecting £33,000 pension only had £26.000
£10,000 few weeks ago got £16,000 today
Is it usual too get it in 3 separate ?
Still waiting on £7.000 or will I need too ring

What age are you, ?
If under 65, you are taxed for taking pension early. Sounds like the missing 7k is tax...possibly .

You aren't "taxed" for taking your pension early. You lose 5% per year early (approx) and if that still takes you over the tax threshold then you pay tax as any other earnings. That applies if you take your pension early or at NRA.

Apologies, wrong choice of word there, yes, lose...that's sounds less painful