WebMay 31, 2024 · Participants in PBGC-trusteed plans can use PBGC's fast, free, and secure online service tool to apply for pension benefits, update contact information, adjust … WebOct 22, 2024 · What happens to your pension when it crystallises? The main thing to be aware of is that a crystallised pension will be teste against your lifetime allowance (LTA). You don’t have to pay tax on your pension until you start taking money. Currently, the standard lifetime allowance is £1,073,100 and is frozen at this level until April 2026.
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