Can one contribute to a stakeholder pension after reaching pension age? Is there an upper age limit?
Stakeholder Pension - How Old?
Feb 04, 2004
2 Replies
Yes and No. Immediate vesting annuities are touted as a good way of getting a higher return from your money.
"Pension age", i.e. the point at which you can draw a pension, can be anywhere between 50 (soon to increase to 55) and 75. You can contribute to a pension independently of whether you're already drawing any, hence you can contribute up to age 75.
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