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Im going mad here! Working and Child Tax and Pension HELP!
RazorReddo
Posts: 7 Forumite
Hi,
I am looking to put extra cash away for when I retire.
My company ASDA has a Final Salary Pension Scheme. It is likely to be replaced in 2011 to a stakeholder type pension scheme.
I currently receive child tax / working tax credits.
Will my tax credits go up if I put in extra to my pension? If this is the case its a no brainer really:j
I can use AVCs at the moment and in April 2011 it turns to a salary sacrifice scheme.
I am not sure if the AVC route works. But would love some real advice.
Thanks in advance
I am looking to put extra cash away for when I retire.
My company ASDA has a Final Salary Pension Scheme. It is likely to be replaced in 2011 to a stakeholder type pension scheme.
I currently receive child tax / working tax credits.
Will my tax credits go up if I put in extra to my pension? If this is the case its a no brainer really:j
I can use AVCs at the moment and in April 2011 it turns to a salary sacrifice scheme.
I am not sure if the AVC route works. But would love some real advice.
Thanks in advance
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