40-70-year-olds can purchase extra NI years for £800 each to boost state pension by £275 annually, with a deadline of April 2025.
MoneySavingExpert.com suggests individuals aged 40 to 70 can potentially boost their state pension by purchasing extra National Insurance (NI) years for £800 each, adding up to an extra £275 annually to their state pension. To qualify for the full state pension, individuals must have 35 complete NI years. The deadline to buy missing NI years (back to 2006) is April 2025.
April 10, 2024
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