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Bitesize Retirement FAQs: How much can I pay into my pension?

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Most of us don’t need to worry about paying too much into our pensions. But, it’s important to note that there are limits set by the Government about the size of your pension and the amount you pay in each year. These limits are set at a high level and usually only affect those of us who are high earners. If you access your pension flexibly, the ways you withdraw money can reduce the amount of money you can pay in your pension in the future. All these limits can be complicated, so we recommend that if you are in...
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