pension pot

Frequency: 7.09.4 per million words

an informal term for the total amount of money saved in a pension plan

pensionpension + Noun

Categories:

pot

Examples (10)

  • It is important to start building your pension pot as early as possible.
  • Most people don't know the exact value of their pension pot.
  • You can choose to take a portion of your pension pot as a tax-free lump sum.
  • The government introduced new rules on how you can access your pension pot.
  • Transferring your pension pot to a different provider can involve fees.
  • A small monthly contribution can significantly grow your pension pot over time.
  • He decided to reinvest his pension pot to ensure a higher monthly income.
  • Many workers worry that their pension pot won't be enough for retirement.
  • You should review the performance of your pension pot at least once a year.
  • The value of your pension pot can go down as well as up depending on the market.