Questions we get asked the mostMy benefits have gone down and I don’t know why.Can I claim Pension Credit?Are there any benefits I can apply for?Do I have to sell my home to pay care home fees?
There is a range of benefits for older people. Make sure you claim what you are entitled to.
If you’re struggling to make ends meet, there may be ways you can save money, such as switching energy supplier, installing a water meter or applying for a free TV licence. You may also be able to get discounts and other help with costs.
Scams are ways to con you out of your money and there are many different types. You can avoid them if you know what to look out for and how to keep yourself safe. If you do fall for one, you can get help.
You don’t have to retire when you reach State Pension age and there are many advantages to working in later life. Apart from topping up your income, working may also help to keep you mentally and physically active. There are benefits for your employer too.
Pensions provide a regular income in later life once you reach qualifying age. If you are on a low income, you may be eligible for Pension Credit. If you have a private pension, you may have to decide how you want to receive your money.
You will have to pay Income Tax if your income is more than a certain amount but you may be entitled to tax relief or allowances that can help to cut your bill.
Make sure you understand your tax bill and contact HM Revenue and Customs (HMRC) if you think you are paying too much tax.
Anyone can get into debt, for all sorts of reasons, and there is no shame in admitting if debt is becoming a problem for you. It can be difficult to pay back what you owe when you are living on a fixed income but there is help available.