Is there any reason I shouldn't make a significant contribution (within allowable limits) to my wife's AVC pot in final year before retirement. Her AVC has 103k in it. She is semi state since 16 retiring at 60.
Thanks
Not enough information in the post to get a meaningful answer. You'll need to get her broker to give you the following information before you should do anything...
What's her Revenue maximum lump sum and pension at 60?
What's the pension scheme giving her in terms of lump sum and pension?
Is the existing AVC sufficient to bridge the gap between the above two?
How much of the AVC fund will she be able to withdraw tax-free and how much will be taxed? What tax rate will apply?