Latest DWP guidance on underpaid State Pension for someone who’s died

The DWP - Department for Work and Pensions – has updated its guidance for the next of kin or executor for someone who has died who may have been underpaid their State Pension. That’s because they did not get the automatic increase in their pension that they were entitled to. This is relevant for people who reached State Pension age before and after 6th April 2016, and the following groups of people: - those who were married or widowed when they died; - and those aged 80 or over when they died. Useful links: Request information from DWP about underpaid State Pension for someone who has died: About the Lower Basic State Pension (Category BL State Pension): More about inheriting some of your spouse or civil partner’s State Pension when they die: More about the Over 80 pension - Other videos you might like: Everything you should know about State Pensions in the UK - State Pension top-up for UK residents aged over 80 - Can you inherit a spouse's state pension if they die? Pensions video playlist – Thanks for checking out my YouTube channel - I’m Justin King and my aim is to help people to live successful lives. That often involves understanding your money. If you enjoy this video, please press the like button to help more people like you find my channel. If you're planning your retirement and want to make the best use of your wealth to provide for your family throughout retirement and beyond, or work out how best to pay for a loved one’s care, I may be able to help you. As a Chartered Financial Planner at boutique retirement planning practice, MFP Wealth Management, I help successful people retire with complete confidence. To explore whether I could help you, get in touch at Get my weekly newsletter: Check out my podcast: Connect with me: On Twitter: On LinkedIn: This video is for information and entertainment only. Nothing on this channel constitutes financial advice. Please do not make any decisions based on the contents of my videos; seek professional independent financial advice first!...(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

https://inflationprotection.org/latest-dwp-guidance-on-underpaid-state-pension-for-someone-whos-died/?feed_id=60754&_unique_id=63c478099857c #Inflation #Retirement #GoldIRA #Wealth #Investing #BritishStatePension #CalculateStatePension #CivilService #departmentofworkandpensions #financialplanner #Howmuchisthestatepension #justinkingretirementplanning #personalfinance #retirementplanning #ukpensions2022 #WhatIsStatePension #RetirementPension #BritishStatePension #CalculateStatePension #CivilService #departmentofworkandpensions #financialplanner #Howmuchisthestatepension #justinkingretirementplanning #personalfinance #retirementplanning #ukpensions2022 #WhatIsStatePension

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for you. Their

New York Times Company Continues to Add Online Subscribers at a Steady Clip

Business News by Timothy Sumer - The company’s first quarter results showed total paid subscriptions reaching 4.5 million. Online ad revenue rose 19 percent, to $55 million, thanks, in part, to “The Daily” podcast. from NYT > Business https://nyti.ms/304QC2w via Timothy Sumer

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 401k'

Timothy Sumer

Search This Blog