How does temporarily being in a new pension contribution bracket work
I’m making enough money this year through extra summer work that I think it’ll put me into a new pension contribution rate bracket (I’m tier 6) but I don’t expect to make beyond that threshold next year.
Will the higher rate kick in this summer bc they’ll be able to know my total for the year will exceed the threshold? Will that last just for the remainder of this year and then go back to my old rate next year?