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Spouse of a Deceased Pensioner Spouse of a Deceased Pensioner 2018

2018-2025 Form

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you may wonder what happens to your defined benefit pension or your final salary pension when you die well when you die your spouse civil partner or beneficiaries may be able to access your pension the rules for pension debt benefits vary depending on the type of pension that you have and of course your age when you pass away in this video i'm going to discuss the rules around defined benefit pensions and final salary pensions it's important to know that pensions are considered to sit outside your estate which means that when you die your beneficiaries can access your retirement savings without having to pay inheritance tax most of the time however sometimes your beneficiaries will have to pay income tax on any pension death benefits that they receive the value of your defined benefit pension is linked to your salary and how many years you've worked for work for that employer and being a member of the scheme the main pension rules governing db pensions in death

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