The Meaningful Money Personal Finance Podcast MMP135: State Pension Changes in 2016
State Pensions are changing. Again. In this podcast I’ll cover all you need to know about the State Pension changes in 2016, and show you how to make sure you have maximised your entitlement to this important state benefit…
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In this session you will discover:- What the new State Pension will look like in 2016
- The impact National Insurance contributions has on the your pension entitlement
- Why "contracting out" will reduce the pension you get one day
- How to get a State Pension forecast
- How to top-up in the special window of opportunity between now and April 2017
- How to buy extra qualifying years through voluntary NI contributions
- How to consider the State Pension Changes in 2016 in the context of your wider retirement planning
I realise that this subject will only be immediately relevant to a smallish proportion of my listeners, but it’s impossible to have every episode serve everyone listening. If this does affect you and you have any questions, then do let me know. Otherwise, remember that retirement is a very, very long holiday with lots and lots of free time to fill. That’ll cost you, so you need to get things in place to enjoy it to the full.
Join the conversation
I love to read and respond to your comments, so please do join in and share. Question: Are you affected by the State Pension changes in 2016? If so, how? And what are you doing about it?
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