Retirement Annuity Contributions Table and Calculator

These have not been sold since 1989, but if you have one it may be a useful resource, especially if it has a Guaranteed Annuity, and/or you may earn more than the Earnings Cap, (£102,000 in 2004/05).

Retirement Annuity contracts contribution limits
Age at start of tax year % Net Relevant Earnings*
50 or less 17.5%
51-55 20%
56-60 22.5%
61-74 27.5%



*Net Relevant Earnings are broadly speaking your income from work. For employees it can include the value of company cars and fringe benefits, overtime etc. It excludes income from investments.








Your age at the start of the tax year:
Enter your annual Net Relevant Earnings:
Gross Monthly Premium that you can contribute:
Net Monthly Premium if you are a basic rate taxpayer:
Net Monthly Premium if you are a higher rate taxpayer:

Stakeholder Pensions Note. You can contribute to a Stakeholder if you have a Retirement Annuity contract. If this is possible then you can make total gross contributions of £3600pa, even if this is more than the calculator indicates.