Pension contributions and benefits
alyanj
Online Community Member Posts: 2 Listener
hello,
are we allowed to make regular small contributions to a pension plan or will it affect benefits? Is there a limit? I’m not sure where to find information on this.
thank you!
are we allowed to make regular small contributions to a pension plan or will it affect benefits? Is there a limit? I’m not sure where to find information on this.
thank you!
0
Comments
-
Yes you can do this. The limit will depend on your circumstances. If you have earned income of less than £3,600 year then you can pay in a maximum of £2,880/year. Full details here https://www.moneyhelper.org.uk/en/pensions-and-retirement/tax-and-pensions/the-annual-allowance0
-
Thank you!0
Categories
- All Categories
- 15.7K Start here and say hello!
- 7.5K Coffee lounge
- 104 Games den
- 1.7K People power
- 155 Announcements and information
- 25K Talk about life
- 6.1K Everyday life
- 504 Current affairs
- 2.5K Families and carers
- 894 Education and skills
- 2K Work
- 572 Money and bills
- 3.7K Housing and independent living
- 1.1K Transport and travel
- 639 Relationships
- 1.6K Mental health and wellbeing
- 2.5K Talk about your impairment
- 878 Rare, invisible, and undiagnosed conditions
- 936 Neurological impairments and pain
- 2.2K Cerebral Palsy Network
- 1.2K Autism and neurodiversity
- 40.5K Talk about your benefits
- 6.1K Employment and Support Allowance (ESA)
- 20.1K PIP, DLA, ADP and AA
- 9K Universal Credit (UC)
- 5.3K Benefits and income
