NATIONAL insurance contributions determine how much money a person will receive from their state pension when they retire. National Insurance is paid over a lifetime and a minimum amount of years will be needed to receive anything at all. Voluntary contributions can be done to top up any shortfalls but there will be costs for this. Daily Express :: Finance ...
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State pension warning: WASPI woman refused benefits despite living on £300 a month
STATE PENSION age increases have harshly impacted 1950s women who found they must wait a further six years before claiming their money as one WASPI woman revealed she doesn’t receive any benefits. Daily Express :: Finance Feed
Read More »State pension age review is due on this date – government committed to reviewing changes
STATE pension is only accessible from certain ages which tend to rise over time. Currently, the state pension age is 65 and it is scheduled to increase to 66 by October 2020. It will then rise to 67 by 2028 and it will continue to rise beyond that but the government regularly reviews the timetables. Daily Express :: Finance Feed
Read More »State Pension explained: Does everyone get a State Pension?
THE State Pension helps support people financially after they have retired thanks to a monthly allowance paid to them by the Government. But does everyone get a State Pension? Daily Express :: Finance Feed
Read More »State pension: Do you have to pay tax on your pension? Taxes explained
STATE pension income could be factored into income tax calculations along with personal pensions and certain benefits. However, how the taxes are paid will vary based on the individual circumstances. Daily Express :: Finance Feed
Read More »Retirement and me: State pensioner reveals what earning an extra £400 a month means to him
RETIREMENT AND ME interviewee David has explained what his part-time job means to him, as he explains how he spends the extra £400 a month on top of his “reasonable” state pension and “very small” private pension. Daily Express :: Finance Feed
Read More »State pension: Receive the Adult Dependency Increase? You need to take note of this date
BASIC STATE PENSION is a version of state pension that can be received by people born before certain dates. For people who will be or are receiving this pension it may be possible to also receive an additional payment called the Adult Dependency Increase if they have a spouse or partner who is a dependent. However, this additional payment will ...
Read More »Receiving income related benefits? You could get a £812 budgeting loan from the state
INCOME RELATED benefit claimants could receive support from the government via budgeting loans. These loans are designed to help with certain essential purchases but there are strict rules for eligibility and repayments. Daily Express :: Finance Feed
Read More »State pension age change comes into effect next month – will you be affected?
STATE PENSION age is rising, meaning some people may reach state pension age later than they would have done under previous rules. A significant date to the changes is taking place next month – will you be affected? Daily Express :: Finance Feed
Read More »Can I get free bus pass at 60? Why some people can but others need to be state pension age
FREE bus passes – officially known as the older person’s bus pass – are a perk which many people will look rely on later in life, however some people will need to have reached the state pension age for women in order to get one. Daily Express :: Finance Feed
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