State Pension

xylophone

Is it easy enough to opt to be paid weekly? I will be eligible on 6th March next year.

See https://forums.moneysavingexpert.com/discussion/4066191
posts 4 and 7

bilbo51

bigadaj wrote: »

Yes but you are only paying around 60% tax, assuming you're a basic rate taxpayer

:eek: :eek:!!!

originator

I know Bilbo,that post shocked me too! The reason I havn't deferred is because I want my mortgage gone by the end of the year(not carry on into 2013) and if I can drag my sorry !!!! into work for the next few months my plan should work:o I didn't get the impression they were too keen on paying my pension weekly but hey ho,it suits me so I persevered and got it.

bigadaj

Sorry my earlier post should have said 60% of the tax, ie 20% rather than 32%.