The Retirement Thread
3 lurkers |
177 watchers
Nov 2023
9:00am, 20 Nov 2023
20,843 posts
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eL Bee!
It's getting quite close now, eh LipGloss Mrs Jigs (Luverlylegs). 6 more work days for me. 
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Nov 2023
9:02am, 20 Nov 2023
19,452 posts
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SarahWoo
Lots of celebrations to come. I’m so pleased for the 3 of you x
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Nov 2023
9:07am, 20 Nov 2023
11,973 posts
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cathrobinson
That is close!! Celebrations all round soon…
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Nov 2023
9:21am, 20 Nov 2023
61,649 posts
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alpenrose
I'm getting excited for all of you.
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Nov 2023
9:22am, 20 Nov 2023
48,536 posts
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HappyG(rrr)
Has anyone else been subject to MPAA rules? (Taking money out of your pension, up to 25% tax free, but then still wanting to contribute, possibly higher amounts, for a year or two AFTER taking money out.) Thanks! Congrats to all those in the exit lobby! Very envious. G
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Nov 2023
9:23am, 20 Nov 2023
7,919 posts
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um
Hoping most of those 'work days' are filled with lunches/dinners from/with colleagues & friends!
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Nov 2023
9:26am, 20 Nov 2023
23,561 posts
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Sigh
Has anyone else been subject to MPAA rules? (Taking money out of your pension, up to 25% tax free, but then still wanting to contribute, possibly higher amounts, for a year or two AFTER taking money out.) No, I haven't - but the limit increased from £4k to £10k this tax year. |
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Nov 2023
9:29am, 20 Nov 2023
48,537 posts
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HappyG(rrr)
That's if you took more than 25% Sigh. The MPAA increased from £40K to £60K, as long as you took less than 25%. And you can also carry forward up to 3 years too, if you want to go over £60K. But that's what I'm looking to check / compare notes with someone on, if poss. Thanks! G
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Nov 2023
10:00am, 20 Nov 2023
23,562 posts
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Sigh
I'd try MoneyHelper, have a call with them.
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Nov 2023
10:02am, 20 Nov 2023
48,542 posts
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HappyG(rrr)
I found their website helpful Sigh. Are they decent? Thanks. G
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Marmite Useful Links
FE accepts no responsibility for external links. Or anything, really.- Money Helper
- How Much is Enough to Retire On?
- Retirement Living Standards
- How much will you need to retire?
- Free Govt website for pension advice
- SIPP pensions
- ISAs
- Check your National Insurance contributions
- Check your state pension account
- Martin Lewis on pensions
- Support and advice for those widowed under the age of 50
- Power of Attorney information
- Making the most of your retirement
- 20 tips for a happy retirement
- Married Couple's Allowance
- Aviva guide to retirement planning
- U3A
- U3A Local Sites - map
- Make a Power of Attorney
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