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National Insurance
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domton
Posts: 2 Newbie
I would like to retire before the age of 66 relying on my private pension for income. I understand that this income will be taxable and I will pay tax national insurance.
My question is: will these National Insurance payments contribute towards the number of years I need to qualify for the full state pension at age 66?
Thanks
0
Comments
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National insurance isn't payable on pension income.
Have you actually checked your State Pension forecast on gov.uk?
You need to do this and read past the likely headline of £175.20 before you do anything else.
Finally, you are under transitional rules, not the new 35 years system so without your State Pension forecast everything is just guesswork.0
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