Pension Draw Down queries

I retired couple of months ago. Have private pension to draw down, approx 300k

Thinking of doing Lump sum and ARF, can I defer drawing this down till January ‘25 as my standard tax band is maxed out for this year?

Appreciate any feedback on this please

As long as the ARF is not set up before the end of November 2024, you don't need to take any income from it until 2025. Given that it's now 24th October it would be very easy to time it so that you receive your lump sum and set up the ARF in early December.

Regards,

Liam
www.FergA.com

Sounds good, many thanks for that