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A self-invested personal pension (SIPP) is the name given to the type of UK government-approved personal pension scheme which allows individuals to make their own investment decisions from the full range of investments approved by HM Revenue and Customs (HMRC).
There are two types of personal pension scheme: insured personal pensions, where each contract will have a set range of investment funds for planholders to choose from (this is not as restrictive as it sounds, as some modern schemes have over a thousand fund options) and self-invested personal pensions (SIPPs). Insured personal pensions with ...
The SSA Supplement is a separate survey from the Survey of Income and Program Participation (SIPP), even though the sample includes households that completed 2014 Wave 1 SIPP interviews. The topics included in the SSA Supplement are from previous SIPP panel topical modules.
The government will also legislate in Finance Bill 2017 to apply British tax rules to payments from funds that have had British tax relief and have been transferred, on or after 6 April 2017, to a qualifying recognised overseas pension scheme. British tax rules will apply to any payments made in the first 5 full tax years following the transfer ...
Americans who receive pensions have a complicated relationship with the Social Security system due to a couple of federal rules designed to reduce excessive Social Security payouts: the Windfall...
In a move that could significantly impact the retirement income of millions of Americans, a bipartisan group of U.S. lawmakers is pushing to repeal a set of Social Security rules that reduce ...