Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • roysterer
    • By roysterer 16th Mar 17, 6:56 PM
    • 125Posts
    • 66Thanks
    roysterer
    Paying into DC Pension when drawing DB Pension
    • #1
    • 16th Mar 17, 6:56 PM
    Paying into DC Pension when drawing DB Pension 16th Mar 17 at 6:56 PM
    Can you pay more than 4k into a DC pension via salary sacrifice whilst drawing a DB Pension?
    Or are you limited to paying in 4k max only if you are drawing pension from a DC type pension?

    Appreciate some clarification from you.
    Thanks
Page 1
    • xylophone
    • By xylophone 17th Mar 17, 1:08 AM
    • 20,623 Posts
    • 11,803 Thanks
    xylophone
    • #2
    • 17th Mar 17, 1:08 AM
    • #2
    • 17th Mar 17, 1:08 AM
    http://www.scottishwidows.co.uk/Extranet/Literature/Doc/FP0617

    WHAT DOES NOT TRIGGER THE MONEY PURCHASE ANNUAL ALLOWANCE?


    The following events do not trigger the MPAA:
    • receipt of a pension commencement lump sum,
    • an individual commences flexi-access drawdown, either by a new designation or through conversion of a capped drawdown
    contract, and does not receive any income,
    • an individual holds a capped drawdown contract that was set up before 6th April 2015, and does not receive income above the
    maximum income limit for the contract after 5th April 2015,
    receipt of payment from a standard lifetime annuity or scheme pension,
    • receipt of a small lump sum or trivial commutation lump sum,
    • receipt of income from a dependant’s drawdown contract.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

4,844Posts Today

10,177Users online

Martin's Twitter