Pension Boost

[col8]

Millions of workers coming up to retirement could boost their income by thousands using a simple trick allowed under new pension rulesThose able to put extra cash into a pension could benefit from tax perk
Benefits far outweigh interest paid on cash savings by High Street banks
Trick possible since recent pension rule changes and will only benefit basic rate tax payers


Read more: http://www.thisismoney.co.uk/money/pensions/article-3088131/Millions-workers-coming-retirement-boost-income-thousands-pounds-using-simple-trick-allowed-new-pension-rules.html#ixzz3agpeWpYf
Follow us: @MailOnline on Twitter | DailyMail on Facebook

 

[HeathfieldRoad1874]

Clever, isn't it!!!

Just to point out, you technically can't do this with the lump sum you get from your main pension. You have to sign a declaration saying the money you're investing is from earned income, but hey, who's going to know?

 

[Pride of Lions]

Oh the excitement.........