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Tax free lump sum from two DB pensions
Comments
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Sorry started another thread about this before I saw your reply.Bimbly said:
You can only contribute to a SIPP up to the amount of your earned income per tax year, or £3660 gross (you pay £2880 to which the taxman adds £720), whichever is higher. Up to age 75.dbs said:will look into starting a SIPP pension after I have retired.
Pension income does not count as earned income.0 -
I also replied on the other thread.
Apologies for typo above - £3600 gross.0
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