Money Box Live: Making Sense of Savings
Money Box
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How to Maximize Your State Pension Entitlement
Pensions are extraordinarily effective savings tool, aren't they? They really are. You get tax relief on the money that you pay into a pension and then if you have an employer, they will often match or some very generous employers will even double what you're doing. And so actually when you look at the amount you pay in and then you amplify it by those two factors, that nets you a really decent amount of money in a pension. I mean, that's 20 or 40 odd percent. That's extraordinary.
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