S Rowe
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RE: Making employer contribution to a SIPP as a sole director.
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Do previous years' unused pensions count towards Adjusted Income?
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Tax free lump sum and employer SIPP contribution
Hello, I am considering taking 25% cash tax free from my SIPP and continuing to contribute via my employer afterwards, and the advice on the internet is inconsistent. Grateful for your help please: 1. Does taking the 25% cash lump sum put my pension into draw down? 2 After I withdraw the cash lump sum, will my SIPP be able to accept contributions from my employer, which is my limited company? 3. Can the company pay in the £60k annual contribution, if the company pays me no salary? 4. Can the company use the previous 2 years' of unused reliefs too, taking this to £180k? 5. Does the timing matter - whether my employer contributes £60k and then I take the cash lump sum, or if I take the cash lump sum before the employer contribution? Thank you.