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Pension and debt
Gracey23
Posts: 21 Forumite
Hello. Does anyone know if I'm allowed to make private contributions towards my pension plan if I am still paying off a large debt? At the moment I only have a workplace pension which isn't even close to enough for when I retire in about 20 years. Thank you
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Comments
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Are you doing a self managed DMP?
If so you can do what you want with your moneyIf you go down to the woods today you better not go alone.0 -
You can do anything you like unless you are insolvent or bankrupt.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter1
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