We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
50% of work pension pre or post tax
ANGLICANPAT
Posts: 1,455 Forumite
Afternoon All. Its my understanding that the married partner with LPA, left in the marital home when their OH with dementia needs to go into a (NH)nursing home, can transfer half of the NH partners work pension into their own account ,on which to live/run the couples home, if say the person in the NH has been the only earner over the years. Does anyone know if the division is made after the 'earner's tax is taken or before if their tax brackets are very different ? Thanks.
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards