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Reply To: What are benefits?

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#1756134
Red Rum 77
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Drone says

There’s been concern recently that the hefty annual increases in the pension in recent times thanks to the ‘triple lock’ will soon lift it above the tax-free allowance threshold due to that having been frozen for several years. So those whose sole income source is the pension will have to pay tax on the surplus above the allowance.

Richard is right, the no pot you’ve paid into for your state pension, instead it’s the people who’s currently working paying for yours, but my belief is what comes around, goes around.

You've got to accentuate the positive.
Eliminate the negative.
Latch on to the affirmative.
Don't mess with mister in between.