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Posted Fri, 31 May 2024 12:28:33 GMT by Kevin McKay
Taking early retirement, due to receive a tax free lump sum from my plan and final salary/annuity income from August 2024. If I don't take any crystalised benefits in flexidrawdown other than intitial TFC from my scheme. Can i put my full relevant earnings into a pension this year based on my earned income and annuity/final salary I receive up until the end of this tax year. A last hurrah into the pension pot as it were.
Posted Wed, 05 Jun 2024 09:45:36 GMT by HMRC Admin 25 Response
Hi KAM,
If only your salary, yes. any pension cannot be put back in as this would be seen as recycyling.
PTM133810 - Unauthorised payments: Deemed or specific situations that are unauthorised payments: recycling of pension commencement lump sums: overview
Thank you. 

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