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UC and pension pot

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onestep
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1 day 11 hours ago #305733 by onestep

UC and pension pot was created by onestep

Hi I'm currently claiming UC and I'm turning 55 soon. I have a very small pension maturing around £5500 soon and was wandering if this will affect my UC? (The money will al get eaten up as soon as it hits my account on various debts).

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David
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1 day 10 hours ago #305734 by David

Replied by David on topic UC and pension pot

Hi onestep

You will need to add the £5500 to your current savings. Will the total exceed £6000 ?

David

Nothing on this board constitutes legal advice - always consult a professional about specific problems

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onestep
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18 hours 31 minutes ago #305761 by onestep

Replied by onestep on topic UC and pension pot

no that would not take me over 5500. would i need to let anyone know i.e in my journal or just let it happen without saying anything?

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David
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16 hours 20 minutes ago #305773 by David

Replied by David on topic UC and pension pot

Hi onestep

There is nothing to worry about and you don't have to inform the DWP.

David

Nothing on this board constitutes legal advice - always consult a professional about specific problems

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