Article preview: If you withdraw money from your pension pot, do you understand what rules apply to future pension contributions? According to new research, two-fifths of working over-55s are unaware of the restrictions applied to pension contributions following a flexible income withdrawal. The study from insurer Canada Life looked at the understanding of the Money Purchase Annual Allowance (MPAA).
Understanding the Money Purchase Annual Allowance restriction
This 619-word blog post looks at new research from insurer Canada Life about the understanding of the Money Purchase Annual Allowance. Written on 29th April 2021.
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