Episode 310 - On this week's show I explain the rules surrounding cashing in small final salary and defined contribution pensions. I look at how to build an equity income portfolio that would have provided a growing income even in 2020, a year where companies widely scrapped dividend payments. Finally, we explain how your Body Mass Index impacts life and health insurance applications and premiums.
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Resources
- Should I transfer my final salary pension?
- Triviality and commuting small pensions for cash
- Don't accidentally cash in the 'wrong' pension pot first! Obscure tax rule can slash your annual savings limit by 90%
- BMI healthy weight calculator
- MTTM Podcast Episode 271 – Drawdown explained, Number hacks and Buffett lessons