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Drawdown but still investing

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stephenadarglas

stephenadarglas Posts: 231 Forumite

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13 December 2017 at 5:03PM in Savings & investments

Hi all

I'm currently in receipt of drawdown.

Could someone tell me how much I can continue to invest in my pension per annum. I started drawdown in Sept. 17

Thanks

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Comments

Malthusian Posts: 11,055 Forumite

13 December 2017 at 5:29PM

If you've taken taxable income from a flexi-access drawdown pension then it's £4,000 gross / £3,200 net. Assuming you have earned income of at least £4,000 in the tax year.

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Alexland Posts: 10,183 Forumite

13 December 2017 at 9:45PM

If you don't have enough earned income then you can still add £3600 gross / £2880 net per year until you are 75.

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