If you breach Regulation 28 limits, how long do you have to

If you breach Regulation 28 limits, how long do you have to rectify it?


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And if you don't rectify the breach, what are the implications?
By Mauro Forlin
14 Jan 2021 
00:06 
 
If you breach the limits of Regulation 28, how long do you have to rectify the breach?
If you do not rectify the breach, what are the implications? Is it legal? Will your new or previous contributions no longer be tax-deductible?
If you are already over the limits of Regulation 28, should you rather leave that retirement annuity (RA) as is in perpetuity and just open a new RA, make new contributions to it and leave the old RA over the Regulation 28 limits without penalty?

Related Keywords

, Pensions Fund , Pensions Fund Act , ஓய்வூதியங்கள் நிதி , ஓய்வூதியங்கள் நிதி நாடகம் ,

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