RealCool.BIZ Forum Index
 
Log in: Username: Password:
Search forums for:
  
The time now is 07/27/08 - 00:28

Do I need a pension if I'm self employed?


RealCool.BIZ Forum Index -> Finance -> Retirement Planning & Pensions

Post new topic   Reply to topic
Author Message
torrence
Apprentice


Joined: 06 Oct 2004
Posts: 3



PostPosted: 02/16/08 - 06:15    Post subject: Reply with quote

I am running family business that I have inherited from my father and him from his father. During the years they never pay any additional pension, because we used earnings from company to deal with all expenses in family. I am paying state pension but so I need additional pension if I am self employed?
Back to top
maribelle
Apprentice


Joined: 02 Jun 2006
Posts: 6



PostPosted: 03/17/08 - 01:03    Post subject: Reply with quote

Well beside you state pension you are not obligate to have some additional pension fund, but people always have that additional pension fund as some kind of security for the future. If your company failed to make a profit you will have to close and it this situation you will have only your state pension, which definitely isn’t enough. In some countries you would have obligation to have some additional pension fund, but in countries of Eastern Europe there is no such thing. If you have money my suggestion to you is to have additional pension fund, just to have less worries in future.
Back to top
Display posts from previous:   
Post new topic   Reply to topic All times are GMT

RealCool.BIZ Forum Index -> Finance -> Retirement Planning & Pensions

Page 1 of 1

Related topics:
When will public sector pensions crash?
I need pension advice
How can you get a pension relief?
Company Pension vs Private?
Online Pension Calculators?
I have basic pension and ten ys to retirement. What can I do?
pension after divorce?
Pension Refund
Occupational Pensions?
Pension comparisons?
Self Employed and Pension Schemes?
Are pensions a good choice?
Thinking of moving! What about my pension?
pension scheme or more pay today
Thinking of cancelling my pension
Looking for an advice on State Pension!
Suspending pension payment?
Any tax relief on pensions?
reducing pension to overpay mortgage?
Setting up a pension?
Provision for pension contributions
Pensions for foreign workers?
Getting a second pension
redundant pension?
Pension options when you go bankrupt?
Saving for pensioners options
Pension payments question
Can you transfer NHS Pension to another pension scheme?
Company Pension contributions question
How long do you have to defer your state pension to get a lump sum?
How much tax relief on pension contributions?
a pensioner in a need of mortgage!
Can you stop claiming your state pension after having it claimed for a while?
Is Stakeholder Pension a smart move?
What are the options with State Pension Deferral?
Benefits of private pensions?
How much is everybody paying into their pensions?
Can you transfer your pension?
What are pension options for self emplyed?
What are benefits of deferring your state pension?
Life insurance with NHS Pension?
What type of pension do I choose?
starting a pension when in debt?
Pros and cons of NHS Pension Scheme?
Unlocking my pension?
How much to pay into a pension?
Standard Life Pensions
Getting a lump sum payment after deferring your state pension
Can you earn extra State Pension with State Pension Deferral?
What is the best current pension?
Would you rather invest in a pension or save money?
Who's entitled to Stakeholder Pensions?
Pension options?
Starting a pension for your children?
Can you increase their contributions to NHS Pension?
Is having a pension smart thing to have?
State Pension Shortfalls?
Capital Gains for a Pensioner?
45 without a pension
Pension options-Who gets tax reliefs
Pension payment info
Problems with pension transfer!
Ltd company and pensions question
Is it better to pay off mortgage or increase pension contributions?
Rules of pensions?
Can you reclaim pension contributions when leaving work?
Any earnings for Pension tax relief?
Why starting a pension?
How to propose changes to pension?
How to menage my pension to be able to invest it?
What's the maximum Pension Contribution percentage?
Could I invest rental income in pension?
How to regulate a self-administered pension plan?
Is it wise to switch to high risk pension?
Is Transfer between personal pensions possible?
Employer Pension Contributions question
How to seek better company pension?
How do Group Company Pensions Function?
Is it possible to cancel my pension?
Can you take money out from your pension funds?
Need advice on transferring old pension!
minimum pension guarantees
Can an employer trick you with final salary pension
What would be the best investments for pensioner couples?
Are there pension plans that are non-insured?
Life insurance products guaranteeing a pension plan
Is a defined benefit plan a good pension plan?
Did your employer offer you a pension scheme?
How many pension plans are there?
Registering Self Employed Business
Self employed in loads of debt
Self employed startup costs
How to pay off mortgage while unemployed?
Problems with being self-employed!
If I'm self employed do I get mortgage approval?
Income Tax or CGT for Self-employed property developer?
Is there a way to be Self Employed?
Tax implications on self employed workers
No Longer Self Employed - Tax Question