Did you know that passing on your pension when you die can be a tax-efficient way to spread your wealth as part of your legacy planning? Inheriting a pension can truly be a life-changing gift for your loved ones, like children or grandchildren. Start thinking about the future today! Read more: https://bit.ly/4apyh3R #LegacyPlanning #PensionPlanning
AAG Wealth Management’s Post
More Relevant Posts
-
What happens to your pension after you die? Have a read here and put the right plans in place. #pensionplanning #financialplanning #inheritanceplanning
Can I pass on my pension when I die?
rodneyspillerwm.co.uk
To view or add a comment, sign in
-
Five pension considerations for directors and executives The more you earn, the more you stand to gain by taking full advantage of the tax reliefs and allowances available to you. Seeking expert financial advice can help you make sure your money is working as hard for you as possible. #retirementplanning #pensionplanning. #trustedadviser
Five pension considerations for directors and executives
sjp.co.uk
To view or add a comment, sign in
-
Your pension savings might be one of the biggest legacies you can leave, apart from property, after you’re gone 👇 : TMC Financial Consultancy LLP #financialplanning
Can I pass on my pension when I die?
tmcfc.co.uk
To view or add a comment, sign in
-
Saving into a pension is hard, but retiring without a pension is even harder 😒 However, if you’re planning on retiring on the state pension alone, it could be extremely difficult The state pension age is getting later and later We know from recent reports this is likely to change to 71 at some point 🧓👵 There are lots of benefits of paying into a pension. Did you know: 🔴 If you’re a business owner and don’t currently save it into a pension, now can be a good time to consider your options and benefit from the available tax relief 🔴 Did you know if you make a personal contribution of £10,000 into a pension for example, you receive tax relief of £2,500 if you’re a basic rate taxpayer 🔴 If you’re a higher rate taxpayer, you can generally claim another £2,500 in tax relief through self-assessment. 🔴 If you’re a Ltd Co, you won’t pay corporation tax on the pension contributions. Do you think your future self would thank you for saving into a pension? Its always best to seek advice before making these decisions #PensionSavings #FinancialPlanning #MollamWealthManagement
To view or add a comment, sign in
-
Director at DBS Financial Associates Ltd, Associate Partner Practice at St. James's Place Wealth Management
Can I pass on my pension when I die? Passing on pensions is a very tax-efficient way to spread your wealth as part of your legacy planning. Inheriting a pension can be a life-changing legacy for children or grandchildren. Any planning involving pensions should always involve advice from a qualified financial adviser. Many people only start thinking about inheritance when they’re writing their Will*. Deciding who gets what, and how much, certainly focuses your mind. But there is real value, and tax-efficiency, in financial planning that considers retirement and inheritance as part of the same long-term, family financial plan. #inheritanceplanning #taxefficiency #taxplanning
Can I pass on my pension when I die?
dbsfinancial.co.uk
To view or add a comment, sign in
-
What are your plans for your pension? Your pension savings might be one of the biggest legacies you can leave, apart from property, after you’re gone: https://lnkd.in/e-SgNe4A #financialplanning
Can I pass on my pension when I die?
partnership.sjp.co.uk
To view or add a comment, sign in
-
Starting a child’s pension is a tax-efficient way to save for their future and move money across generations. Planning now for your family’s future can have a real positive impact. #financialplanning #childrenarethefuture #advisors
Pensions for children – what you need to know
cedarvalegroup.co.uk
To view or add a comment, sign in
-
> Passing on pensions is a very tax-efficient way to spread your wealth as part of your legacy planning. > Inheriting a pension can be a life-changing legacy for children or grandchildren. > Any planning involving pensions should always involve advice from a qualified financial adviser. Many people only start thinking about inheritance when they’re writing their Will. Deciding who gets what, and how much, certainly focuses your mind. But there is real value, and tax-efficiency, in financial planning that considers retirement and inheritance as part of the same long-term, family financial plan. Read more:
Can I pass on my pension when I die?
coronationwealth.co.uk
To view or add a comment, sign in
-
Boosting your pension pot before tax year-end Making tax-smart decision by tax year-end can make a real difference to the pension pot you can look forward to A financial adviser is there to keep on top of changes and give you a heads-up on the tax allowances that can help you feel financially secure about your future and look forward to retirement confident that your money will last as long as you need it to. #sjpinsights #financialplanning #financialwellbeing #retirementplanning #taxyearend #mercianwealthmanagement
Boosting your pension pot before tax year-end
mercianwm.co.uk
To view or add a comment, sign in
4,990 followers