Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • aayush
    • By aayush 11th Mar 18, 5:43 PM
    • 688Posts
    • 24Thanks
    aayush
    NI Contributions
    • #1
    • 11th Mar 18, 5:43 PM
    NI Contributions 11th Mar 18 at 5:43 PM
    Dea All

    I wish to ask if a housewife wishes to make contributions towards NI how can she do this is a housewife and who does she need to contact and what will she require

    Sorry if this question has been asked before
Page 1
    • xylophone
    • By xylophone 11th Mar 18, 5:58 PM
    • 25,371 Posts
    • 14,967 Thanks
    xylophone
    • #2
    • 11th Mar 18, 5:58 PM
    • #2
    • 11th Mar 18, 5:58 PM
    Has the housewife obtained a state pension statement?

    https://www.gov.uk/check-state-pension
    • Linton
    • By Linton 11th Mar 18, 6:05 PM
    • 9,378 Posts
    • 9,509 Thanks
    Linton
    • #3
    • 11th Mar 18, 6:05 PM
    • #3
    • 11th Mar 18, 6:05 PM
    Suggest she gets a state pension forecast: https://www.gov.uk/check-state-pension. This will tell her how much SP she is due to get from her NI contributions so far and how many further years are required to achieve the maximum.

    She has the option of making voluntary class 3 contributions which will cost about 740 for a year. This is an extraordinarily good deal as in only 4 years as a pensioner she will receive more than 740 extra for each years NI. This extra money will continue for the rest of her life.

    If she wishes to make voluntary contributions she can telephone HMRC who will send her a form. The money can be taken by Direct Debit.

    Also see:
    https://www.gov.uk/voluntary-national-insurance-contributions/who-can-pay-voluntary-contributions
    • aayush
    • By aayush 13th Mar 18, 7:06 AM
    • 688 Posts
    • 24 Thanks
    aayush
    • #4
    • 13th Mar 18, 7:06 AM
    • #4
    • 13th Mar 18, 7:06 AM
    Has the housewife obtained a state pension statement?

    https://www.gov.uk/check-state-pension
    Originally posted by xylophone
    Hi she still has few years to go thus want to ensure she will get a decent pension and not just peanuts
    • aayush
    • By aayush 13th Mar 18, 7:07 AM
    • 688 Posts
    • 24 Thanks
    aayush
    • #5
    • 13th Mar 18, 7:07 AM
    • #5
    • 13th Mar 18, 7:07 AM
    can I ask if the family in question get working tax credit or working tax credit with her making payments Ni will that affect the benefits
    • molerat
    • By molerat 13th Mar 18, 7:54 AM
    • 18,570 Posts
    • 12,725 Thanks
    molerat
    • #6
    • 13th Mar 18, 7:54 AM
    • #6
    • 13th Mar 18, 7:54 AM
    Making NI payments will not affect any benefits.

    But the question posed by the others above is has she had a pension forecast and how does she know if she needs to pay and for what years ? It is quite possible to have accrued the maximum before age 51. The starting point of the quest is to obtain the SP forecast.
    Last edited by molerat; 13-03-2018 at 7:58 AM.
    www.helpforheroes.org.uk/donations.html
    • xylophone
    • By xylophone 13th Mar 18, 2:01 PM
    • 25,371 Posts
    • 14,967 Thanks
    xylophone
    • #7
    • 13th Mar 18, 2:01 PM
    • #7
    • 13th Mar 18, 2:01 PM
    Hi she still has few years to go thus want to ensure she will get a decent pension and not just peanuts
    What exactly does her forecast say?
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

4Posts Today

4,001Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line? https://t.co/kwjvtd75YU

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin