Pension Tax Calculator
Our calculator can help you understand how much tax you might pay if you access your pension savings in one lump sum or over a few years.
Try our Pension Tax Calculator
It’s a good starting point for understanding the tax implications of taking money out of your pension pot. We also recommend seeking guidance or advice to understand your options before accessing your retirement savings. If you're over 50 you can get free guidance from Pension Wise, an impartial government service.
Learn more about retirement income
Tax on pension drawdown
Annuity vs drawdown – what's the difference?
How much does an annuity cost; £100k, £300k and £500k pension pots
Get more guidance or advice
Making well-informed decisions about how to finance your retirement is important so it’s worth shopping around and making use of the guidance and advice services available:
Retirement guidance
Pension Wise from MoneyHelper
The government’s free and impartial service, offering guidance to make money and pension choices clearer for over 50s.
To find out more or book an appointment online click below or call.
0800 011 3797
Monday to Friday, 9am to 5pm.
Calls may be recorded and monitored.
Speak with us
Our colleagues in Cardiff are always happy to answer your questions or tell you about our retirement income products.
0800 048 2446
Monday to Friday
9am to 5pm
We may record and monitor calls.
Retirement advice
Retirement Advice Service from Legal & General
Our advisers are experts in retirement regulated by the Financial Conduct Authority, so you can trust them to provide impartial advice and a personal recommendation that’s right for you.
0808 304 9312
Our team is available between 9.00am and 5.00pm, Monday to Friday. Calls may be monitored and recorded.