Wednesday, 20 March 2013 13:56

What happens if I stop work altogether?

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Even if you're not earning you can still pay into your personal pension and receive tax relief on up to £2,880 of payments each tax year. You can pay in more than that if you wish but you won't receive tax relief on the extra amount.

If you can no longer spare the money you can stop your payments into your pension. You can start saving again whenever you're ready.

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Jonathan Hales

Independant Financial Advisor

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