Labour Pensions Lifetime Allowance: Maximizing Retirement Savings
Understanding the Labour Pensions Lifetime Allowance The Labour Pensions Lifetime Allowance (LTA) is a limit on the total amount of money that can be saved in a UK registered pension scheme without incurring a tax charge. The LTA is currently set at £1,073,100 for the 2023/24 tax year. This means that if you have more … Read more