It’s simple. The more you pay in, the more you’ll get out.
Enter your annual basic salary and how much you’re contributing now using the up and down arrows. Then have a play and see how your numbers change when you increase your contributions – you might find that, thanks to tax and national insurance savings, you could afford to pay in a bit more than you think! But remember, the ‘cost to you’ figure is an estimate only and may vary depending on your total taxable income.
If you do decide to increase your contributions, you’re not locked in forever – you can change your core contributions twice a year and your extra contributions from month to month.
Press i to find out more about the estimate.
