Ruth Norman’s Post

Are your self-employed clients contributing to their pension? 🤔 In 2023, 76% of self-employed people were not paying into a pension and 38% didn't have a pension at all. Since they aren't automatically enrolled into a pension scheme like most people, they're at risk of being left behind later in life. 💔 Fortunately, working with a financial planner could help them build their savings and secure a comfortable retirement. If you think your clients could benefit from a robust retirement plan and guidance about pension contributions, read our blog, linked below. 💸 https://lnkd.in/eD9FUYnc

Are your self-employed clients contributing to their pension? 🤔 In 2023, 76% of self-employed people were not paying into a pension and 38% didn't have a pension at all. Since they aren't automatically enrolled into a pension scheme like most people, they're at risk of being left behind later in life. 💔 Fortunately, working with a financial planner could help them build their savings and secure a comfortable retirement. If you think your clients could benefit from a robust retirement plan and guidance about pension contributions, read our blog, linked below. 💸 https://lnkd.in/eUsRjyuq

Do you feel fully informed about the benefits and options of your pension plan? 🌟 Does your accountant provide clear guidance on how to maximise your pension contributions? At MJB Avanti, we're passionate about helping you secure a prosperous retirement. Come and tell us about your pension concerns and aspirations! #PensionAdvice #MJBExpertise 👉🏻 mjb.co.uk

As you look towards retirement in your 50s, it’s crucial to understand the rules for qualifying for the State Pension, how much you’ll receive and from what age. The State Pension forms a significant part of most people’s retirement income. Yet, there’s often confusion about its specifics. In your 50s, it’s imperative that you understand the qualifying criteria, how much you’ll receive and from what age. You can obtain a State Pension forecast from the government website which helps you understand how much you could get and how to increase it. Monitoring your National Insurance (NI) contribution record is also essential, and you can fill any gaps in contributions from the last six years through voluntary payments. To find out more about financial planning in your 50s as you look towards retirement, read our article here 👉 https://buff.ly/3vG8mW0

💼 Are You Self-Employed? Secure Your Future with Smart Retirement Planning! Being self-employed means you miss out on work pension schemes, but that doesn’t mean you can’t plan for a comfortable retirement. As long as you've made enough National Insurance contributions, you'll receive the Basic State Pension or the Flat Rate State Pension. However, to ensure financial security, it’s crucial to contribute to your own pension plan. Wondering How Much You Need? 🤔💰 Get in touch with us to start planning your future. https://bit.ly/4fEycMG Don’t forget to follow our page and share this post! Plan today for a secure tomorrow! 🌟🔒 #SelfEmployed #RetirementPlanning #FinancialSecurity #LettsWealth #PensionAdvice #FutureReady #InvestSmart

🔒 Account Based Pension 🔒 Commencing an Account Based pension will ensure the earnings of your fund remain tax free for the remainder of your life as well as providing a regular income stream to maintain your lifestyle in retirement 📈 There are many benefits of an Account Based Pension, some of which include: ✅ You can vary the amount of income you draw each year ✅ If you are over age 60, income from your Account Based Pension is not taxable ✅ You will pay less tax as your retirement savings will be held in a tax-free environment Take a look at our FULL article on 'Account Based Pension' for the full details and considerations you should make ⬇️ https://buff.ly/4aVUQ0k Speak to your Financial Adviser at Financial Edge Group for a tailored strategy!

Are you sure you're getting the most out of your pension plan? 🤔 Does your accountant proactively manage your pension contributions? At MJB Avanti, we're dedicated to optimizing your pension to ensure a comfortable retirement. Come and tell us about your financial goals for the future! #PensionPlanning #MJBAdvantage 👉🏻 mjb.co.uk

Your pension is your ticket to a secure retirement, but how does it actually work? ✅ You (and possibly your employer) contribute regularly to build your pension pot ✅ You receive tax relief on your contributions ✅ Your investments can grow over time From age 55 (soon to be 57 in 2028), you can take up to 25% tax-free, then decide how to manage the rest—withdraw, invest, or keep growing that pot! Want to make sure you're on track for a comfortable retirement? Get in touch today for expert advice on understanding your pensions👇 https://lnkd.in/ezryGABy #PlanYourFuture #PensionPlanning #FinancialSecurity #PensionAwarenessWeek

Have you thought about your future? It’s Pension Awareness Week! Whether you're just starting your career or planning for retirement, it’s never too early (or too late) to take control of your financial future. 🔹 Do you know how much you need to save for a comfortable retirement? 🔹 Are you making the most of your workplace pension contributions? 🔹 Have you tracked down all your pension pots? This week is the perfect time to: ✔️ Review your pension plan ✔️ Check your contributions ✔️ Explore your options for a brighter tomorrow! 🌟 #PensionAwareness #FuturePlanning #RetirementReady #FinancialFreedom #PensionWeek

We can all be a bit forgetful. We’ve all mislaid our keys or phone, but have you ever lost a pension? Maybe you don’t even know if you’ve mislaid one! But don’t worry – National Pension Tracing Day on 30 October is a great reminder to track them down. Many people may have pension plans from previous jobs or contributions to retirement funds that they’ve lost track of over the years. This day serves as a reminder to take steps to find and potentially consolidate these retirement savings, ensuring a more secure financial future. The Pension Tracing Service on https://ow.ly/vTo030sHzyW can help #PensionTracingDay #RetirementPlanning #FinancialSecurity #SecureYourFuture