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PENSIONS WHEN SELF EMPLOYED

51 replies

Blondeshavemorefun · 11/04/2024 19:34

I'm se. Have been for maybe 14yrs

I started a pension when I was 18 due to my dad but put in £20 a month.

I've done this for 30yrs - I wish I had upped my monthly payment but didn't

Hindsight etx

As I'm se I don't have employers adding % to my pension

I'm not sure what the best company is to either move my pension or leave where it's been for past 30yrs doing not a lot

I am going to start paying extra in when I work more /maybe win on pb etx - my dad said any amount extra in is a bonus

So checked and I can pay in ad hoc so that's good

So my question is

How do you choose where your pension goes - which company is best

Thanks

OP posts:
caringcarer · 14/04/2024 14:55

I pay mine into Scottish Widows. I pay £266 per month but you can also just pay in random amounts as and when you like. I can only pay in up to £10k a month because I draw some pension. I just paid in £4k at the end of March otherwise I'd be paying the higher rate tax for 2034-4.

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