The Meaningful Money Personal Finance Podcast cover image

Strategies for Lifetime Allowance Planning

The Meaningful Money Personal Finance Podcast

00:00

Is the Lift of Allowance Going to Rise?

Right now the lift of allowance is frozen until april twen, 20 sixth. We've no idea what's going to happen after that. But assuming it does, then eventually these protections at one point two five million are going to be irrelevant. Ty will fall away if the l t rises above it. Yes, they'll just fall away by naturally. There were rumours years and years ago about the government thinking, thathy goin to get rid of this lifetime allowance thing. I wish they would. It makes it far, far easier becase of penalizing people who have been frugal and putting money away for their futures. A, i'm relatively happy with an annual allowance

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app