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Pension contributions for non earners
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Thank you all for your comments. I have just gone to make my "deposit" but am confused by this statement in the declaration" I won’t be able to cash-in, assign or take as a lump sum, any pension bought by my plan except as allowed by Part 4 of the Finance Act 2004 (as amended)."Anyone got any idea what this means? I'm assuming it means after a pension plan is bought it cannot be cashed in and is therefore not applicable to me at the moment as my plan is to drawdown.0
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