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Excel maximum drawdown6/29/2023 ![]() ![]() on a recalculation if there has been an annuity purchase, additional fund designation or pension sharing order effective before 6 April 2011.for alternatively secured pension years beginning before 6 April 2011.for reference periods for unsecured pensions beginning before 6 April 2011.You must use the 2006 tables when calculating the basis amount: beneficiary’s flexi-access drawdown from 6 April 2015. ![]() drawdown pension rules from 6 April 2015.drawdown pension rules before 6 April 2015.Use these tables in conjunction with the Pensions Tax Manual guidance on: Please note: using the 60 day valuation window can’t change the date of the next reference period. for drawdown pension years for members or dependants who have reached their 76th birthday beginning on or after 6 April 2011.for drawdown pension years after the member or dependant has reached their 75th birthday beginning on or after 6 June 2011.on a recalculation if there has been an annuity purchase, additional fund designation or pension sharing order effective on or after 6 June 2011.for reference periods beginning on or after 6 June 2011.You must use the 2011 tables when calculating the basis amount: The factors haven’t changed in the extended yield drawdown tables for use from 1 July 2017, but we’ve extended the 2011 tables to cover gilt yields in the range of 0% to 2%. The drawdown pension table you use depends on when the reference period for the drawdown pension or unsecured pension started and, for those aged 75 or over, when the drawdown pension year or, before 6 April 2011, alternatively secured pension year started. These tables and instructions allow you to work out the ‘basis amount’ for calculating the maximum income from capped drawdown pension funds and, before 6 April 2011, unsecured pension funds and alternatively secured pension funds. ![]()
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