News for hackers. Stuff that matters.
Re:One million cancel broadband as living costs rise (UK) by ac2u on Thursday May 18, 2023 @04:27PM (#35993630)
yeah if you're on that rate and not dumping every penny you can into your pension allowance each year (and using up any unused allowance for previous three years), you're crazy.
Re:One million cancel broadband as living costs rise (UK) by c7THEC2DDFVV2V on Friday May 19, 2023 @07:00AM (#36000122)
whats crazy is forcing people to save for something they have no guarantee of seeing. Giving the pension age keeps increasing a pension is nothing more than paying into a pot you will never be able to fully use. Especially given how people are taxed on their pension payments.
Re:One million cancel broadband as living costs rise (UK) by dan-robertson on Friday May 19, 2023 @10:55AM (#36002701)
To be fair, the amount people are forced(?) to put into pensions from employment income is pretty tiny and there are tax-advantages savings accounts which people can use instead of pensions, up to a limit. There are also limits on incentives for pension contributions.