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Glossary   >   C   >   "Carry forward" Definition            Carry forward A term applicable to personal pensions regarding tax rules which allow an individual to make contributions, additional to the current tax year, for the six previous years where maximum contributions have not been made. However, before the carry forward rules apply, maximum contributions must first be paid for the current tax year. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Carry forward - A term applicable to personal pensions regarding tax rules which allow an individual to make contributions, additional to the current tax year, for the six previous years where maximum contributions have not been made. However, before the carry forward rules apply, maximum contributions must first be paid for the current tax year.