Have you worked in the UK for 3 consecutive years in the past? We want to highlight to you an important deadline that could significantly increase your UK State Pension and enhance your retirement income.
You have been able to top up your pension as far back as 2006, but this window is closing on the 5th of April 2025. Suppose you have gaps in your UK National Insurance (NI) record, after this date. In that case, you’ll only be able to backdate contributions for six years, limiting your ability to maximise your pension benefits.
The benefits for you
- Increase Your Retirement Income:Â More qualifying years mean a higher weekly pension from the UK government.
- Excellent Return on Investment:Â A one-off top-up payment could boost your pension significantly over time.
- Limited-Time Opportunity:Â This extended backdating period will not be available after April, making this a final chance to fill historic gaps.
What you need to do
- Check Your NI Record:Â Visit the UK Government website to see if you have gaps in your contributions.Â
- Confirm Your Eligibility:Â If you have missing years, you may be able to buy voluntary contributions.Â
- Act Before 5th April:Â Contact HMRC or speak with your financial adviser to make the necessary payments before the deadline.
Speak to an expert
This is a limited-time opportunity to enhance your financial security in retirement. If you’d like assistance reviewing your options or indeed with any other aspect of your retirement planning, please don’t hesitate to reach out using the form below.