We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Enough years for a pension?
oldtractor
Posts: 2,262 Forumite
How can I find out if I havev paid enough NI contributins for thew new state pension? And if ~I havent can I make it up with voluntary contributions?
0
Comments
-
oldtractor wrote: »How can I find out if I havev paid enough NI contributins for thew new state pension? And if ~I havent can I make it up with voluntary contributions?
https://www.gov.uk/state-pension-statement0 -
There are lower cost ways to make things up that class 3 contributions, but find out where you stand and then ask again regards what's best to do.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Thank you reaslly quick replies.
I'm pretty sure I dont have enough contributions.
What are the lower cost ways for making up class 3 contributions? and what are class 3 contributions please?0 -
See here -
http://www.hmrc.gov.uk/payinghmrc/class3nics.htm
There is also the MSE pensions top up guide here -
http://www.moneysavingexpert.com/reclaim/increase-state-pensions
Other ways to top-up are to become self employed and pay class 2 contributions voluntarily. Or get a job where you earn enough to get a qualifying year but not enough to pay tax or NI.
However, for the moment just find out where you are as it's all about to change!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Thank you.0
-
I doubt if that will be updated yet?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
I doubt if that will be updated yet?
It will show what you currently have and TBH I'd rather have that in black and white before they start messing around.
We have all of our statements going back years so we can a paper trail of what we've earned in case they try and take it back!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
gadgetmind wrote: »It will show what you currently have and TBH I'd rather have that in black and white before they start messing around.
We have all of our statements going back years so we can a paper trail of what we've earned in case they try and take it back!
I asked for my contributions record this morning, I bet they are busy
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
I asked for my contributions record this morning, I bet they are busy
A quick look...1 years contribution costs £655...
1/35 of £150 ??...£4.30p which is £223 a year...
3 years to get your money back...
I've got 33 years btw...:think:
http://www.pensionsadvisoryservice.org.uk/state-pensions/voluntary-national-insurance-contributions0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards