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LGPS AVC 25% TFLS calculation
Comments
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What about monitoring your AVC then, when you are about to hit the limit, cease your contributions and put the equivalent money into your SIPP instead?1
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Excellent suggestion, as always, from Silvertabby.Silvertabby said:What about monitoring your AVC then, when you are about to hit the limit, cease your contributions and put the equivalent money into your SIPP instead?
This is what I do, i.e. I forecast what my AVC could grow to when I reach age 65 (from my monthly contributions plus investment growth) and if/when it looks like I will hit my TFLS I will put the equivalent amount into a SIPP.
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