›

Pension Contributions Over 75

Sam_TSam_T Member
in Technical stuff

I think I have worked my way through this, but could do with another opinion.

If a client is over 75 and wants to make personal pension contributions (and has a provider that allows it), am I right in thinking that there is no test against AA or MPAA as these are no longer tax relievable? So, in theory, capital allowing, they could pay in as much as they want?

I suspect that the 'two year rule' would apply if they were in poor health, but presently they are fighting fit.

There is no deprivation of assets considerations as they have plenty of secure income.

Am I missing anything? Are there any other restrictions or considerations I have missed?

Share on Google+

Comments

Sign In or Register to comment.