Retiring Abroad - Pension Tax Implications

EdInvestor

Anybody retiring after 2010 only needs 30 years for the BSP.

The S2P is earnings linked but has a cap: someone who is contracted in on average salary with a complete work record should get double the BSP.

Joey122

Is it worth contracting out if the additional state pension ?

Is there a thread on this - I dont understand it completely

jem16

Joey122 wrote: »

Is it worth contracting out if the additional state pension ?

Is there a thread on this - I dont understand it completely

http://forums.moneysavingexpert.com/showthread.html?t=28636

Joey122

EDINVESTOR:
Anybody retiring after 2010 only needs 30 years for the BSP.

Have you got a link for this?

What does BSP stand for?

jem16

Joey122 wrote: »

EDINVESTOR:
Anybody retiring after 2010 only needs 30 years for the BSP.

Have you got a link for this?

http://www.thepensionservice.gov.uk/pensions-reform/home.asp

What does BSP stand for?

Basic State Pension

Joey122

Thanks Jem - That makes sense.

Cook_County

Joey122 wrote: »

CookCountry

Have you got a link with countries that are applicabale to double tax?

All existing UK agreements are listed here:
http://www.hmrc.gov.uk/si/double.htm