State Pension Qualification etc

Secret2ndAccount

I'm assuming the year to 2022 is 'not yet in'. Did she earn over £6400 in the year to Apr 5th 2022? If so, she will, in due course, get credit for that year too. (asterisk: it's actually worked out based on pay packets, so might need a bit more than 6400 if her pay packets varied)
Each year you choose to purchase adds £5.29 to the weekly pension. So it's arguably only worth adding two years, as that takes the pension up to £184.  If she goes self employed, and pays less than £200 to get the last £1/wk (£50/yr), that's worth it, but at the full £824, would you bother? Technically yes, but it's up to you.
Are there any years showing as 'incomplete', which you might be able to top up for a lower fee?
In terms of buying extra years, I wouldn't do that right now. She has 13 years to make up about two years of NI. If she gets a job, or does eligible child care, or receives certain benefits at any time during 13 years, she might well complete her necessary years without purchasing anything.  You can always buy two or three years just before she reaches State Pension Age.

DE_612183

molerat said:

Dave46049 said:

OldBeanz said:

Dave46049 said:

Albermarle said:

Have you actually checked what her current position is ?

Check your State Pension forecast - GOV.UK (www.gov.uk)

33 years fully paid.
3 years not fully paid.
And this year not available yet - which is I presume because the SA has not yet been submitted.

What do the pension £ numbers say? The big change to the pension system in 2016 means that "33 years" is not always 33 years.

Estimate based on record up to 05/04/2021 = £173.43
Estiamte if you contribute another 3 years before 2036 - £185.15

One of the years in the NI record says she can pay a volumtary amount of £824 to "make up the short fall"

What has she been doing for 21-22 ?

There is no rush to do anything as there is another 14 years left to top up the required amount, buying back years would only be a good idea if they were part filled cheap ones.  2 more years will add £10.58, the 3rd will only add another £1.14.

Have you checked your own forecast ?

So for the most part of 2021-22 ( 9 months ) she was employed and earnt about £7k - we just haven't submitted the SA return yet, so I guess that will take her another year. 
The option to "buy years" is £824 - but only valid until 2023 when it could go up ( according to the HMRC website ).

Albermarle

Dave46049 said:

molerat said:

Dave46049 said:

OldBeanz said:

Dave46049 said:

Albermarle said:

Have you actually checked what her current position is ?

Check your State Pension forecast - GOV.UK (www.gov.uk)

33 years fully paid.
3 years not fully paid.
And this year not available yet - which is I presume because the SA has not yet been submitted.

What do the pension £ numbers say? The big change to the pension system in 2016 means that "33 years" is not always 33 years.

Estimate based on record up to 05/04/2021 = £173.43
Estiamte if you contribute another 3 years before 2036 - £185.15

One of the years in the NI record says she can pay a volumtary amount of £824 to "make up the short fall"

What has she been doing for 21-22 ?

There is no rush to do anything as there is another 14 years left to top up the required amount, buying back years would only be a good idea if they were part filled cheap ones.  2 more years will add £10.58, the 3rd will only add another £1.14.

Have you checked your own forecast ?

So for the most part of 2021-22 ( 9 months ) she was employed and earnt about £7k - we just haven't submitted the SA return yet, so I guess that will take her another year. 
The option to "buy years" is £824 - but only valid until 2023 when it could go up ( according to the HMRC website ).

Taking account of all the previous comments about maybe not worth buying a year as she may well catch up anyway . It is just  worth pointing out that if you have to buy a year, it is fantastic value for money . To buy an inflation linked guaranteed pension of £5.29 per week as an annuity , it would cost you around at least ten times as much ( approx £9000)  . So even if the £824 went up to say £900 , it is neither here nor there .

Secret2ndAccount

Dave46049 said:
The option to "buy years" is £824 - but only valid until 2023 when it could go up ( according to the HMRC website ).

Price goes up with inflation every year. You can generally buy the last 6 years. Last year and year before will be at the prices at which they were originally offered. Older years cost the same as current year.
So no reason to rush to fill the final year or two.