Lean&Green
New Member
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- 3
So I receive a bonus payment in March, that I want to pay into my pension as an AVC. I want to pay it straight into my pension to avoid the temptation to spend any of it. I'm in the age bracket (40-49) so I should be able to contribute 25% of my salary into my pension each year. Problem is that I am being told by the pension people that I can only pay in 25% of my salary for the first 3 months of the year, and not 25% of my annual salary. Is what I am being told correct? Do I have to wait until the end of the year to make an AVC based on my full salary?