Joel Wood DipPFS’ Post

To get the full State Pension, you now need 35 qualifying years of NICs. If you’ve got between 10 and 35, you’ll get a pro rata amount, but if you’ve got less than 10, you won’t be eligible for any State Pension. Making a voluntary contribution to your State Pension pot could be an efficient way to put money towards your retirement, but it’s important to consider all the implications: https://ow.ly/aVXJ50SmmgU #RetirementPlanning

This is an excellent article about the State Pension entitlement. Anyone over 45 with gaps in their National Insurance record should think about topping up their State Pension prior to 5th April 2025 as you can currently examine contributions dating back 16 years. This is a very valuable source of retirement income and should not be ignored. #statepension #financialplanning

Did you know you can make voluntary contributions to boost your UK State Pension? 💼 An insightful article from St. James's Place breaks down how voluntary National Insurance contributions work and the potential benefits. This could be a smart move for those nearing retirement age with gaps in their NI record. But, like any financial decision, it's important to weigh up the pros and cons. 🤔 St. James's Place highlights the factors you need to consider before making this decision. Read the full article to learn more: https://ow.ly/aVXJ50SmmgU

To get the full State Pension, you now need 35 qualifying years of NICs. If you’ve got between 10 and 35, you’ll get a pro rata amount, but if you’ve got less than 10, you won’t be eligible for any State Pension. Making a voluntary contribution to your State Pension pot could be an efficient way to put money towards your retirement, but it’s important to consider all the implications: https://ow.ly/aVXJ50SmmgU #RetirementPlanning

It really is worth obtaining a State Pension forecast from the .Gov website to see if it's in your best interest to make a top up. #statepension #pensionplanning #retirementplanning

Many people wrongly assume that they will qualify for a full State Pension when they reach their State Pension age. They also overlook the option to buy ‘qualifying years’ of NI record - but there are a number of factors to consider carefully and timing can be key. This is another area where professional advice can be invaluable. #financialadvice #makeaplan #takecontrol

To get the full State Pension, you now need 35 qualifying years of NICs. If you’ve got between 10 and 35, you’ll get a pro rata amount, but if you’ve got less than 10, you won’t be eligible for any State Pension. Making a voluntary contribution to your State Pension pot could be an efficient way to put money towards your retirement, but it’s important to consider all the implications. Head over to our website to read more: https://lnkd.in/evWyGgGj #retirementplanning #statepension

To get the full State Pension, you now need 35 qualifying years of NICs. If you’ve got between 10 and 35, you’ll get a pro rata amount, but if you’ve got less than 10, you won’t be eligible for any State Pension. Making a voluntary contribution to your State Pension pot could be an efficient way to put money towards your retirement, but it’s important to consider all the implications: (link in bio) https://lnkd.in/eSk3aTSg #RetirementPlanning

Are you a teacher or professor confused about your pension? Or is there anyone important in your life who needs some education on how their pension works? I'm here to help you navigate your retirement options and help secure your future. Schedule a meeting with me today: https://bit.ly/4cMao7P #FacultyFinance #PensionStrategies

Here's an interesting question. Should you pay to top up your State Pension? ➡ Making a voluntary contribution to your State Pension pot could be an efficient way to put money towards your retirement, but it’s important to consider all the implications. #statepension Read more. https://lnkd.in/eAAG8HFN