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

Class 2 Voluntary Contributions, Living Abroad

2»

Comments

  • bostonerimus
    bostonerimus Posts: 5,617 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 17 August 2022 at 3:01PM
    Cortiz said:

    Having said all that, I may be moving back to the UK after all.... I suppose the best thing is to keep both countries topped up as well as possible.

    Generally, you can't pay US FICA or Medicare taxes if you aren't in the US and the UK state pension does not count towards WEP. So, yes, keep both schemes topped up so you can claim both. US social security is usually a higher payment than the flat rate UK pension, if I stopped paying US FICA right now my US SS payment would be about twice the UK full flat rate pension, but it will depend on your earnings and number of years of payments and of course paying Class 2 NI makes the UK state pension ridiculously good value for money.
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
  • Cortiz
    Cortiz Posts: 13 Forumite
    Fourth Anniversary Name Dropper First Post
    Thanks @bostonerimus and @molerat .  I guess I'll bite the bullet and pay all the years.

    @hara____ this is the place to start:



Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.