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I retired in 2020 at the age of 60 and took what I understood at the time to be the maximum 25 per cent tax-free cash from ...
STEVE WEBB flags little-known pension credit boost. Story by Steve Webb for This Is Money • 2mo. I worked from 17 to 74 paying full National Insurance until I was 60.
I note Chancellor Rachel Reeves says the Mansion House Accord will 'boost pension pots', which ignores the downside risk. And I do not want to take part.
Steve Webb replies: Broadly speaking, there are two different ways in which savings are taxed in the UK. The first is that you pay tax as soon as you earn the money but if you invest that money ...
Steve Webb replies: I can entirely understand why you might be concerned about recent stories about government plans to use the money in our pensions to increase the growth rate of the economy.
Steve Webb replies: The often-quoted figure of 8 per cent minimum workplace pension contributions is, as you rightly say, not quite what it seems.
Former Vancouver Public Schools’ Superintendent Steve Webb has been hired as interim superintendent in Oregon’s St. Helens School District, where teachers have been arrested on sex abuse ...
Steve Webb replies: The good news is that in the case of ‘pot of money’ type pensions such as yours, there is no restriction on who you can leave your money to.