Too late to start pension ?

S

Stronge

Registered User
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I am in my mid 50s SSIA maturing on monday next. Husband retired early from his job, so he is on a pension we are both in the 20% tax bracket. I am working part time and intend to work for approx 4/5 more years.I am not in a pension scheme. Is there any point in taking out a PRSA as I was under the impression that I will not get any tax relief on my pension contributions when I finish work as I will have no income and I do not know if my husband would be able to claim the tax relief, I was going to put some of my SSIA into it to start it off.
 
As you are on the lower tax bracket I would not invest in a pension.

Please note I am not a Financial advisor.
 
Thats what I feel myself, I will just have to hang on till I get the Old age penision!
 
I don't thik it would be worth it. Why don't you look at the savings and investment forum to see if anything seems worthwhile to you.
 
redchariot said:
It would take investing huge amount of money to make it worth while
Click to expand...

I meant to invest SSIA money...it's not a pension but at least OP can try to get some decent returns.
 
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