The MPAA Money Purchase Annual Allowance explained

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This video is all about The Money Purchase Annual Allowance In this video I explain the Annual Allowance rules and how it impacts the amount you can contribute into your pension. The MPAA is short for is the amount that certain people are allowed to contribute into a pension. • Most people can contribute 100% of their earnings each tax year into a pension (up to a maximum of £40,000), but not everyone. • In this video I will explain what the Money Purchase Annual Allowance is, what triggers it and how it impacts defined benefit – or final salary – pension schemes. • Click the links for videos on: • The Pension Annual Allowance - • The Pension Annual Allowance explaine... • The Tapered Annual Allowance - • The Tapered Annual Allowance explained • --- • Thanks for checking out my You Tube channel - I’m Justin King and my aim is to help people to live successful lives. • If you enjoy this video, please press the like button to help more people like you find my channel. • If you're planning your retirement and want to make the best use of your wealth to provide for your family throughout retirement and beyond, I may be able to help you. • As a Chartered Financial Planner at boutique retirement planning practice, MFP Wealth Management, I help successful people retire with complete financial confidence. • To explore whether I could help you, get in touch at https://www.mfpwealthmanagement.co.uk. • • Connect with me: • On Twitter: / justinkingcfp • On LinkedIn: / justinking-online-retirement-planner-ifa • Or check out my podcast: https://www.theretirementcafe.co.uk/ • This video is for information and entertainment only. Nothing on this channel constitutes financial advice. Please do not make any decisions based on the contents of my videos; seek professional independent financial advice first!

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