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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
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