SIPP accounts are currently offered on a Beta basis and are available only to a limited number of users for testing purposes. During this period, features, functionality, and availability may be subject to change or withdrawal without notice.
We will announce when SIPP accounts become available to eligible UK-resident clients of Trading 212 UK Ltd.
From 6 April 2024, there's a new limit on the total amount of tax-free cash you can take from all your pensions during your lifetime. This is called the Lump Sum Allowance (LSA), and for most people, it's set at £268,275.
📄 Note
Any amount you take above your available LSA will be treated as taxable income.