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Finance OS: Pension contributions

The Meaningful Money Personal Finance Podcast

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The Cost of Tax Relief on Pension Contributions

Tax relief given on pension contributions is an instant cost for the government. Employers may offer to match whatever you put in, but they'll usually cap it. The best I've ever seen was actually to encourage very common people to come out of the defined benefit scheme. And if they went into the defined contribution scheme instead, they double matched up to 9%. It seems to make sense to me that it appeals to my egalitarian sort of thing.

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