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The Martin Lewis Podcast
Pay up to £800 get £6,000 – HUGE boost to your state pension.
Jun 14, 2023
Learn how to boost your state pension by paying up to £800 to get £6,000, as Martin shares success stories and tips. Test your knowledge in a high-stakes quiz challenge with Nihal. Plus, discover the benefits of high-interest savings accounts and compound interest calculations for maximizing savings.
01:00:32
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Quick takeaways
- Extended deadline allows buying back missing years to boost state pension
- Importance of checking national insurance contributions for full state pension
Deep dives
Extended Deadline for Boosting State Pension
The podcast discusses the importance of the extended deadline for taxpayers to boost their state pensions, which was further extended to April 2025. This extension allows individuals to buy missing years back to 2006 instead of being limited to buying only six tax years. By sharing examples where individuals gained substantial amounts, such as £83,000 for one person's wife, the podcast highlights the significant financial impact and benefits of taking action before the deadline.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode