Money Confidence – Pensions
On this episode of the Money Confidence podcast, Sarah and Georgia talk about pensions. KEY TAKEAWAYS A pension is one of the most tax-efficient ways to save for your retirement, but it can't usually be accessed before age 55. This will increase to age 57 in 2028. When you contribute to a pension, the government will give you tax relief on those contributions. If you make a contribution into your pension from your net pay (after tax and National Insurance has been deducted), basic rate tax relie...
