# SIPP drawdown timescale **URL:** \ **Category:** Help & FAQs\ **Created:** [24 March 2025 18:23 UTC](https://community.investengine.com/t/sipp-drawdown-timescale/2288 "2025-03-24T18:23:26Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![Yassa](https://avatars.discourse-cdn.com/v4/letter/y/977dab/32.png) [@Yassa](https://community.investengine.com/u/Yassa)\ **Post date:** [24 March 2025 18:23 UTC](https://community.investengine.com/t/sipp-drawdown-timescale/2288/1 "2025-03-24T18:23:26Z")
I am considering opening a SIPP in addition to my workplace pension. I am aware that your site states that ‘InvestEngine’s SIPP is currently an accumulation product’. However, as someone who might want to access some of my SIPP in the next few years what timescale do you envisage for this to be possible? Or would you just advise me to look elsewhere? ---
**Author:** ![Pinch](https://avatars.discourse-cdn.com/v4/letter/p/ba9def/32.png) [@Pinch](https://community.investengine.com/u/Pinch)\ **Post date:** [24 March 2025 18:37 UTC](https://community.investengine.com/t/sipp-drawdown-timescale/2288/2 "2025-03-24T18:37:33Z")
@Yassa Morning 😀 👋, I think this depends on what do you mean by > [@Yassa](#): > > in the next few years Building up a pension pot can be quite easy with features such as no commission for purchases / no admin fees / no fees for dividend reinvestment / full freedom as to when you want to invest etc, etc. However, as you can see in these 'ere boards - no timeframe has been given so far, not even an estimated timeframe afaics. Sooooo, methinks, that if you need access within the next 2-3 years you may be better off having a larger SIPP elsewhere (even with costs) or using this SIPP on IE as a “backup” SIPP only. You can have more than 1 SIPP after all. ---
**Author:** ![tomb](https://avatars.discourse-cdn.com/v4/letter/t/c37758/32.png) [@tomb](https://community.investengine.com/u/tomb)\ **Post date:** [26 March 2025 11:12 UTC](https://community.investengine.com/t/sipp-drawdown-timescale/2288/3 "2025-03-26T11:12:26Z")
Or open an IE SIPP for simplified accumulation and if they don’t offer drawdown when the time comes then transfer to a provider that does at that point. As long as you allow yourself a few months for the transfer to go through you’d be fine. ---
**Author:** ![RobH](https://avatars.discourse-cdn.com/v4/letter/r/94ad74/32.png) [@RobH](https://community.investengine.com/u/RobH)\ **Post date:** [30 March 2025 13:47 UTC](https://community.investengine.com/t/sipp-drawdown-timescale/2288/5 "2025-03-30T13:47:39Z")
Lack of a drawdown option is what is keeping my SIPP with ii - drawdowns are ‘free’ after their monthly fee, but I’d rather that £150 a year was investing here. ---
**Author:** ![Paul\_M](https://avatars.discourse-cdn.com/v4/letter/p/91b2a8/32.png) [@Paul\_M](https://community.investengine.com/u/Paul_M)\ **Post date:** [31 March 2025 19:09 UTC](https://community.investengine.com/t/sipp-drawdown-timescale/2288/6 "2025-03-31T19:09:49Z")
Hi! Drawdown from InvestEngine SIPPs is available on demand. The process involves filling in paper-based forms so if you need to withdraw, kindly contact our Client Services team and we will give you further instructions ---
**Author:** ![Yassa](https://avatars.discourse-cdn.com/v4/letter/y/977dab/32.png) [@Yassa](https://community.investengine.com/u/Yassa)\ **Post date:** [3 April 2025 15:28 UTC](https://community.investengine.com/t/sipp-drawdown-timescale/2288/7 "2025-04-03T15:28:54Z")
Thanks for the replies. I maybe wasn’t particularly clear in my initial post. Having crept into the 40% tax bracket due to ‘fiscal drag’ (and working permanent nights!) and with significant savings not protected in ISAs, I have been thinking of this more as a tax efficient savings tool rather than boosting my pension in any meaningful way. As I plan to take my 1995 scheme NHS pension around October this year, while reducing my hours and continuing to pay into the 2015 scheme, I think any contributions can only be small. I believe MPAA would apply, limiting tax relief on contributions. Edit: I’ve just read that MPAA doesn’t apply if I have just taken from a ‘defined benefit’ pension. I need to do more reading! ---
**Author:** ![Johna60](https://avatars.discourse-cdn.com/v4/letter/j/6de8d8/32.png) [@Johna60](https://community.investengine.com/u/Johna60)\ **Post date:** [7 May 2025 11:44 UTC](https://community.investengine.com/t/sipp-drawdown-timescale/2288/8 "2025-05-07T11:44:49Z")
My SIPP is currently with ii so transferring to ie seems to be the problem before I can drawdown.