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UK's Universal Credit cuts payments for savers over £6,000, stopping entirely at £16,000.
UK Universal Credit recipients with savings between £6,000 and £16,000 may see payments reduced, as the DWP deducts £4.35 for every £250 in savings above £6,000—even for amounts under £250.
The rule applies to those with modest savings, aiming to ensure claimants contribute to living costs, but has raised concerns over penalizing saving.
Payments stop entirely if savings exceed £16,000.
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El Crédito Universal del Reino Unido recorta los pagos a los ahorradores por más de £6,000, deteniéndose por completo en £16,000.