Are you a pensioner on a low income? You could be missing out on up to £201.05 extra per week in Pension Credit! The Department for Work and Pensions (DWP) is urging millions of eligible households to check whether they’re missing out on this benefit. Rising costs and bills can make everyday living difficult, so Pension Credit is intended to top up your income and help you make ends meet. From April 10th, 2023, the benefit will rise by 10.1% and even a small award can unlock further support such as help with housing costs, council tax, and heating bills. Additionally, if you’re claiming Pension Credit, you’ll be eligible for the new £900 cost of living payment coming in the spring. Don’t miss out on this opportunity to boost your pension pot – check if you’re eligible today by visiting the government website or calling the Pension Credit claim line on 0800 99 1234. Remember, you can backdate your claim for up to three months after reaching state pension age, so it’s never too late to apply for this important benefit.
#PensionCredit #BenefitBoost #MissingOutOnExtraCash #DepartmentForWorkAndPensions #EligibilityRules #BackdatingClaims #SavingsCredit #CostOfLivingPayment #LowIncome #StatePensionAge #RisingCosts #EverydayLivingCosts #HousingCosts #CouncilTax #HeatingBills #DisabilityBenefits #CaringResponsibilities #MortgageInterestPayments #ApplicationProcess #BankAccountDetails #GovernmentWebsite #PensionCreditClaimLine #ClaimBackdating…(read more)
LEARN MORE ABOUT: Retirement Pension Plans
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Are you nearing retirement age and worried about your financial situation? If so, you may be eligible for Pension Credit – a scheme designed to help those on a low income and with limited savings. And with the potential to receive up to £401 per month, this could make a significant difference to your retirement plans.
Pension Credit is made up of two parts: Guarantee Credit and Savings Credit. Guarantee Credit tops up your weekly income to a minimum level and is available for those aged 65 or over. Savings Credit is for those who have made some additional savings towards their retirement and is only available to those who reached state pension age before April 2016.
To be eligible for Pension Credit, you must live in Great Britain and meet the following criteria:
– You are at least 65 years old
– You are on a low income or have limited savings (less than £10,000)
– You live in Great Britain
If you meet these criteria, it’s worth checking your eligibility for Pension Credit as soon as possible. You can do this by contacting the Pension Credit claim line on 0800 99 1234 or by visiting the gov.uk website.
By claiming Pension Credit, you could receive an extra income that could help with day-to-day expenses, such as heating bills and groceries. It could also free up some additional funds for you to enjoy your retirement, whether that’s through hobbies, travel, or spending time with loved ones.
So if you’re concerned about your retirement finances, don’t hesitate to check your eligibility for Pension Credit. It could make all the difference to your quality of life in your golden years. Remember, you’ve worked hard your whole life, it’s time to sit back, relax and enjoy the fruits of your labour.
0 Comments