▲ 1 r/FIREUK
Pension recycling once drawing down - now pointless?
Hoping to start drawing my DC pension soon. Historically there was an argument for investing £2880/year even after this point however as I'm taking the full 25% as soon as possible that reinvestment will now be taxed at the same rate on the way out as I get rebated on the way in. Given the lack of upside as I'll be reinvesting what I draw down, and paying basic rate tax on that, it looks like an inheritance tax risk - am I missing anything?
u/ExtentAble1200 — 6 hours ago