Making Early Retirement Possible
Retiring early requires disciplined planning, long-term vision, and proactive financial strategies. At Hoxton Wealth, we guide you through the essential steps to make early retirement a reality while ensuring your financial security lasts.
Understanding Contribution Limits
Contribution limits vary across pension schemes, and understanding these thresholds is essential for maximising your savings without incurring penalties. Whether it’s the annual allowance for a SIPP in the UK, the contribution caps for a 401(k) in the US, or the rules governing Superannuation in Australia, our advisers help you to ensure you’re contributing effectively and staying compliant with regulations.
Leveraging Tax-Efficient Contributions
Pensions offer significant tax advantages, and we help you make the most of these opportunities. From utilising salary sacrifice schemes in the UK to pre-tax contributions for US 401(k)s, our team works to reduce your tax liabilities while increasing your retirement savings. We also provide guidance on optimising tax relief for high earners, ensuring you keep more of what you save.
Strategic Planning for Additional Contributions
Employer matches and tax reliefs can significantly enhance your retirement pot, but timing and strategy are key. Our advisers help you prioritise additional contributions, ensuring you capitalise on employer-matching schemes or government incentives. For clients approaching retirement, we assist in making catch-up contributions to maximise savings during your final working years
Lifetime Allowance, Pension Limits and Tax Considerations
UK Lifetime Allowance
The UK’s Lifetime Allowance places a cap on the amount you can save into pensions before facing additional tax charges. Our advisers help you assess whether you are approaching the threshold and create strategies to mitigate tax exposure. From managing Defined Benefit pensions to optimising SIPPs, we ensure your savings grow without unnecessary tax implications.
UK Annual Contribution Limits
For UK pensions, including SIPPs and Defined Contribution plans, we help you plan contributions to maximise tax relief while staying within annual limits.
US Annual Contribution Limits
In the US, 401(k) contributions are capped annually, with additional catch-up provisions for those aged 50 and over.
Australia Annual Contribution Limits
In Australia, superannuation contributions are divided into concessional and non-concessional categories, each with specific limits. We guide you through these rules to maximise your savings efficiently.
Cross-Border Tax Considerations for Expatriates
Expatriates often face unique challenges when managing pensions across jurisdictions. Whether you are considering a UK Pension transfer, a 401k rollover, or need advice on aligning your contributions to international tax regulations, we provide tailored strategies to optimise your pensions. Our global expertise ensures compliance while helping you make the most of tax treaties and allowances.
Retirement Planning Guides
Why Choose Hoxton Wealth for Your Retirement Planning?
At Hoxton Wealth, we offer a comprehensive suite of retirement solutions tailored to meet the diverse needs of our clients. We’ll provide tailored advice and solutions to ensure you are well-prepared for the future.
Tailored Advice
We provide solutions that reflect your unique circumstances, including international and cross-border pension considerations.
Comprehensive Expertise
Our advisers are experienced in managing pensions of all types, from Defined Benefit to SIPPs and beyond.
Global Reach
With clients worldwide, we specialise in expatriate pension planning and international transfers.
Innovative Technology
Use the Hoxton Wealth App to track and manage your pensions in real time, ensuring clarity and control.
FAQs
Transferring can provide better investment options, reduced fees, or increased flexibility. Our advisers assess your current pension and provide a tailored recommendation.
Understanding annual and lifetime limits helps you avoid tax penalties while maximising growth opportunities. We guide you through optimising contributions.
Yes, there are an array of solutions to allow you to transfer pensions internationally, the appropriate solution will depend on your current country of residence and/or intended retirement destination. We help you to understand the process to ensure compliance and maximise benefits.
Client Success Stories
Our clients’ success stories highlight the dedication and ability we bring to every retirement plan.
