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Pension contributions
breithorn
Posts: 7 Forumite
My understanding is that you can contribute £2880 into a pension yearly if you have no salary.
My salary is approx £2000 per year.
Does this mean I am restricted to paying in £2000 a year, or could I pay in £2880
My salary is approx £2000 per year.
Does this mean I am restricted to paying in £2000 a year, or could I pay in £2880
0
Comments
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under the age of 75 you can pay £3,600 if you are a non-earner or earn up to £3,600 a year.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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To clarify, you pay £2880, it’s made up to £3600 with tax relief.1
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