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Pension for spouse
Comments
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Unlikely I thinkSecret2ndAccount said:........... Presumably she has transferred the £1,260 marriage allowance to you. ............peeablo said:....................High tax earner who would like advice on how I can contribute to my spouses pension............
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A LISA was already mentioned, but it might also be worth contributing to her ISA as well, since she can save more there.
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My wife's an artist. My art collection is steadily growing!Secret2ndAccount said:Make a purchase of goods or services from your wife's self employment business ...
Of course, if your wife sells cakes, she'd better make you a pretty nice cake. If she paints fingernails you might have some explaining to do if the tax-man makes enquiries.N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.0 -
You can also put more into your own pension, then when the time comes to take it, purchase a joint life annuity.
Or arrange that whatever you draw out of your own pension leaves something that they can inherit it if they outlive you.
Or contribute to an ISA for her. Pensions are not the only option for saving for later life.0
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