The Retirement Café Podcast · Justin King

How Lifetime Allowance Changes May Affect You

·15 min·1 clip

Justin clarifies that tax-free cash is now capped at £268,275 despite the lifetime allowance abolition.

Justin King and co-host Cathy explain the recent abolition of the lifetime allowance tax charge on pensions announced in the Chancellor's Budget. They clarify what this means for annual contributions, tax-free cash limits, and people with protected allowances, providing practical guidance for retirement planning.

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