Hi Flavio, if you have an incomplete year paying to complete the year
(which could be a little over £16 would mean you would gain several hundred
pounds a year by doing so. The £16 is a one off charge rather than ongoing
and the payment is ongoing..
If it is a thousand pounds that would be a one off charge and even paying
for entire full years the payback time is 3 years. Incomplete years as it
is all or nothing are even more lucrative. Might be worth raising it with
Martin Lewis to make it clearer. He has a show on radio 5 with Adrian
Chiles weekly
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Re: Partial pension years
Date: 2024-11-10 03:05 pm (UTC)Hi Flavio, if you have an incomplete year paying to complete the year (which could be a little over £16 would mean you would gain several hundred pounds a year by doing so. The £16 is a one off charge rather than ongoing and the payment is ongoing..
If it is a thousand pounds that would be a one off charge and even paying for entire full years the payback time is 3 years. Incomplete years as it is all or nothing are even more lucrative. Might be worth raising it with Martin Lewis to make it clearer. He has a show on radio 5 with Adrian Chiles weekly